EA Must Increase Take-Two Offer, Analyst Says

[Andy Chalk]

EA Must Increase Take-Two Offer, Analyst Says

Take-Two [http://www.janco.com/].

According to a Grand Theft Auto IV [http://www.next-gen.biz/index.php?option=com_content&task=view&id=10021&Itemid=2] on April 29.

"We maintain our view EA's bid will prove insufficient after talking with [Take-Two] shareholders," Hickey continued. "We do not believe EA has accumulated more than 25 percent of the Company's shares in their current tender, which should provide them minimal leverage in pressuring the Company's board in favor of their $26 bid." While he said he was uncertain whether EA would actually increase its offer, he claimed it would be worthwhile for EA to do so, saying, "The incremental cost of a higher bid seems minimal compared with the longer term benefits."


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[Melaisis]

Wow Mal; you've done a lot of threads on the whole EA vs. Take-Two battle. Its surprisingly there's not bigger feedback from The Escapist community; as this whole scene affects us all.

Anyway, how much does Hickey get paid for that sort of 'analysis'? Hundreds of dollars? Heck, I think anyone with their right mind and with an ounce of knowledge in business would realise that the constant rejection is an obvious hint that they should at least try to increase the offer. After all, its not as if EA can't afford it.