"Shareholders with 46 percent of the company, including Steven Cohen's SAC Capital Advisors LLC, said on March 7 they plan to install their own directors and management. Take-Two has had five quarters of losses while failing to find hits to match the ``Grand Theft Auto'' series. Former Chief Executive Officer Ryan Brant pleaded guilty last month to charges stemming from a probe into improper options grants."
Bloomberg referenced Eletronic Arts as a potential buyer and Jeff Brown, a spokesman for Redwood City, California-based Electronic Arts responded with "We don't comment on our acquisition strategy" in a recent interview.
What if EA purchased Take-Two Interactive? They'd have full access to two huge franchises:
- Rockstar Games (Grand Theft Auto)
- 2K Sports
There have been battles about which games are better, 2K Sports or EA Sports. Many gamers are up in arms about NFL 2k losing the rights to the NFL roster, some even boycotting the EA series for buying the NFL roster and impacting NFL 2k in such a negative way.
What would the world be like if NFL 2K and EA Sports "Madden" were owned by the same parent company? Would the come together as one uber title? Would they stay separate but NFL 2K receives the license to make roster updates? Or, would one die off in favor of the better (i.e. would EA keep its baby and off NFL 2K forever)
Interesting to ponder.
source: bloomberg
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