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Take-Two May Take Sega
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Take-Two Interactive (TTWO Quote) is reportedly considering buying the developer behind its ESPN line of sports titles, despite a recent setback with its football game.
Under its agreement with Sega, which copublishes the ESPN line, Take-Two has the right to acquire Visual Concepts and Kush Games, a subsidiary of Visual Concepts, which developed Sega's sports games. Take-Two is negotiating the price it would pay for the game developers, the company said in its annual report filed Wednesday.
"We are continuing to evaluate potential opportunities in the market for sports titles," the company said in its report. ...
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