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Electronic Arts, Inc (ERTS)
Will EA raise its Take-Two offer?
Will EA raise its Take-Two offer?
GamesIndustry - March 3, 2008
Submitted by llonesmiz (508) at 12:31PM PST on March 3, 2008
Analysts are mixed on whether or not Electronic Arts would consider raising its bid for Take-Two from USD 26 per share, and if it should or not.
Wedbush Morgan's Michael Pachter thinks that the company could walk away if Strauss Zelnick continues to scorn offers at near the current level.
And Screen Digest's Ed Barton told GamesIndustry.biz that the clock is ticking on the deal.
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