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Take-Two Could Drive Even Higher

So far, Take-Two's management hasn't said it wants to keep the company independent but rather that it would like to evaluate its options once Grand Theft Auto IV releases -- a game it has pinned high hopes on.

EA's recent major acqusitions








By then it may be too late and EA could lose interest, warns Bhatia. "Beyond GTA IV, Take-Two's visibility goes down quite a bit."

If Take-Two's management continues to reject EA's bid, EA has another alternative, points out Michael Pachter, an analyst for Wedbush Morgan. "If the deal remains hostile, I think that EA can withdraw their bid, nominate a slate of directors, and buy stock on the open market."

Either way, Take-Two's shareholders are likely to emerge the winner because Take-Two's share price is likely to go higher.

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SYM TRADE IT LAST %CHG
TTWO $24.07 -1.55%
AAPL $125.80 -2.25%
FB $77.56 -1.59%
GOOG $530.80 -1.85%
TSLA $232.95 1.06%

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DOW 17,928.20 -142.20 -0.79%
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