I am thinking 2K sports, were a driving force behind thisI don't because EA's sports titles are already bigger sellers than Take 2's. Yes, this was a factor but the main factors were GTA and Bioshock in that order. Both of those franchises have huge future sales potential. That's why EA wants this deal done before GTA 4's release. If it were mainly about sports it could wait.
WWE(get a clean sweep on sports)THQ has had legal problems with wrestling licensing so I am not sure that is a current asset.
Juiced(kill competition for NFS)Juiced 2's horrible sales already killed that franchise. THQ already announced there won't be a Juiced 3.
Destroy all humanslackluster sales. One platform for this sequel has already been cut (I think it was the PS2 version).
surely a quick visit to wikipedia or the THQ website would show you they own some of the best game franchises in gaming today.Yes, so many best selling franchises that you failed to name a single one.
It makes sense that EA would want GTA
and what big franchises does THQ own or have exclusive rights to that EA would want?
what does THQ have that EA would want?
EDIT heh we should set up a pool, whos next on EA hit list, I'm thinking THQ.Judging from the upward moves today in THQ stock, that is the conventional wisdom, but I don't buy it (figuratively speaking) because what does THQ have that EA would want? THQ has lost its Disney development deals, and what big franchises does THQ own or have exclusive rights to that EA would want? It makes sense that EA would want GTA, and EA probably would have bought Take 2 long before now if it weren't for Take 2's financial scandals and shareholder suits.
My WOW is because I do not follow the stock market, now the first time I am watching I see a hostile takeover happen before my eye's, so... wow.I didn't mean to bite your head off, but seeing as how the public just went through this exact same thing a week or two ago with Yahoo, I was surprised that you were surprised by it now.
Wow?! What the hell did you think was going to happen
Assuming they bought just over half of the shares, they are now majority holders to take the company in house and eliminate any more sports competition from 2K.
Would the R* team be happy at EA?
We think so. We have great respect for the R* leadership team and some of our executives have worked with R* leaders while in previous positions with other companies. We believe EA’s decentralized label organization will be attractive to Take-Two’s creative talent.
Why does EA want to acquire Take-Two?
We have enormous respect for the creative teams at Take-Two.
Wow, Take Twos stock is up to the $26 buy out priceWow?! What the hell did you think was going to happen the minute trading opened this morning? When EA annouced its target price, Take 2's stock was instantly worth that amount.
Why is EA trying so hard to recreate the videogaming crash of the 80s?because EA was basically born from the ashes of that crash and survived while many of its competitors did not.
Take Two stock is up 48% at the moment... Should have bought this stock up a few weeks ago when I was thinking about it. Grrrrrr.