Take-Two Interactive, Inc. (TTWO)Pachter: Take-Two To Reject Higher EA Bid
GamaS - June 1, 2008
Submitted by Refreshment (333)
at 7:24AM PST on June 7, 2008
"Following the release of Take-Two's second quarter results, Wedbush Morgan analyst Michael Pachter has remained skeptical of the company's long term prospects despite the success of GTA, and says the company will likely reject a higher bid from EA, before settling on a friendly bargain once other suitors materialize".