Take 2 in new buy-out speculation – Activision now rumoured

Take2 double take as Acclaim backs away

Posted by Staff
Cash rich Activision may swoop
Cash rich Activision may swoop
Following last week’s speculation that Acclaim was poised to make a bid for troubled games publisher Take 2, it is now rumoured that Activision is sniffing around the company.

In a bid to increase its market share, it is said that Activision CEO Bobby Kotick has been meeting with investment company Goldman Sachs to procure the necessary funding such a move would require.

Take 2’s share price has plummeted in recent times while Activision has remained more or less stable, so any deal would be thought to include some kind of share trade-off to balance the Take 2 books.

This would also tie-in with Activision’s EA-esque decision to start buying out its favoured developers, with Treyarch, the respected developer of the upcoming Xbox version of Tony Hawk Pro Skater , being the first to go last week.

More as we get it.


Posting of new comments is now locked for this page.