^^^ Maybe not, unless somebody is going to foot part of the bill to make you consider it. BTW, TTWO has sold their distribution arm as the immediate step following the purchase. Sure, we are going to get the Oh...we were going to do this anyway, but I doubt it...I think TTWO is being primed for a sale or maybe a merger:

http://www.businesswire.com/portal/site/home/permalink/?ndmViewId=news_view&newsId=20091221005991&newsLang=en

Take-Two Interactive Software, Inc. (NASDAQ: TTWO) today announced that it has signed a definitive asset purchase agreement to sell its Jack of All Games distribution business to SYNNEX Corporation (NYSE: SNX), a leading business process services company whose activities include the distribution of IT systems and software.

The transaction is subject to customary closing conditions and is expected to be valued at approximately $43.25 million, including $36.50 million in cash and up to an additional $6.75 million based on the achievement of certain items. It is expected to close in the first calendar quarter of 2010.

Under the agreement, SYNNEX will acquire the Jack of All Games business, which primarily distributes third party interactive entertainment software, hardware and accessories in North America. In addition, SYNNEX will serve as a distributor for Take-Two’s frontline and catalog titles in North America for Jack of All Games’ customers.

“The sale of Jack of All Games is consistent with our stated intention to focus our resources on our core business strategy — delivering globally the most innovative and creative interactive entertainment products. We believe that Jack of All Games will prove to be highly complementary to SYNNEX’ successful distribution business and will benefit from SYNNEX’ expertise in this sector. We are pleased to continue to work with SYNNEX and Jack of All Games going forward,” said Ben Feder, Chief Executive Officer of Take-Two.

I remember when everyone was saying "Haha! Go take 2. Screw EA!"

EA really was their big savior.  They blew seemingly because of executive bonuses if reports are to be believed.


As for why Carl Ichan is doing this...

He's going to push to sell Take 2 to EA or another company after another bad year... or at the very least their many profitable IPs.

Take 2 is a company that SHOULD be making money... they've got a lot of value.

He'll make a mint when they fall apart more and he can sell off their assets. Take 2 stock can't get much lower.

The guy is a corporate raider.  He KNOWS things are going to get worse... and he's buying stock so he can jam on them to hit the escape button and sell out to someone else for a tidy profit.

I think a share holder would know more about upcoming releases than we would. If the next GTA is in the works, this would definitely be a good move.

TTWO= Terminator 2?

This seems likely.