Wedbush Morgan, an analyst firm that likes to analyze and comment on things, says that Take-Two is making a mistake in spurning EA’s advances. $26 per share is a good deal, they say, and the company isn’t going to be any more valuable after the release of GTA IV, which they assume was the reason behind Take-Two’s unwillingness to sell. EA is getting serious now and trying the hostile route and offering to buy up outstanding shares, and analysts are divided on whether Take-Two made the right move.
Personally I’d rather not see EA swallow any more game development houses, lest we be stuck with even more yearly sequels like GTA:Extreme Sports Edition II.