29th August 2007, 01:35 PM
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| Mith'quessir
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| EA Take-Two Takeover Unlikely
Quote:
Pachter:
Pachter: EA Take-Two Takeover Unlikely In his latest note to investors, Wedbush Morgan analyst Michael Pachter has detailed his reasoning on why it's unlikely, as some have posited, that EA will make a bid for Take-Two, as well as expressed a lack of confidence in management and GTA IV's timely release.
"One of our competitors recently floated the idea that Take-Two would make an ideal candidate for acquisition by Electronic Arts," said Pachter, but adding that "we don’t think this is at all likely," for a number of reasons.
| Full article here.  "Careful what you wish for, You just might get it all.... And then some you don't want" |
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