10:55 AM - February 25, 2008 by Steve_OS
- Eurogamer: Take-Two willing to negotiate with EA
"Take-Two has labelled Electronic Arts' USD 2 billion buy-out offer as "inadequate" and "opportunistic", as EA attempts to take advantage of the struggling Grand Theft Auto publisher, GamesIndustry.biz reports."
- GamesIndustry: Sports games alone justify EA's Take-Two offer, says Pachter
"Wedbush Morgan Securities analyst Michael Pacther said that sports games, not Grand Theft Auto alone, provide the impetus for EA's offer to purchase Take-Two."
- Videogaming247: Pachter on EA-Take-Two buyout: “This deal is happening”
"By going public, EA is telling you, ‘This deal is happening,’” he said. “The only way you can credibly reject the deal is if there’s a better one behind it,” Pachter said. “I don’t see how anyone can afford to pay this much or more for the stock."