Activision-Blizzard To Purchase Take Two?
July 11th 2008 06:12
In a clasic case of world class stirring, Partners' Mike Hickey said competitors will always be evaluating acquisition opportunities. "We absolutely believe Activision will take a look at Take-Two," said Hickey, speaking to the The Deal.com.
This rumour, of course, has been dismissed by UBS Securities' Ben Schachter who believes that Activision Blizzard is too busy with the new company to consider further acquisitions.
Still, with the buying power of Activision-Blizzard it is possible. Take Two have produced some creative IP's recently and would fit into their portfolio nicely, while Electronic Arts have taken their time trying to haggle the best price possible.
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