Воскресенье, 21 Апреля, 2019

Rumor: Sony In Talks to Acquire Rockstar Games Parent Take-Two Interactive

Sony in “advanced board level discussions” to buyout Rockstar Games and Take Two Business Sony could be about to buy Take Two Interactive
Sandy Mccarthy | 14 Марта, 2019, 19:09

He refuted his comments about the rumor.

The source of the rumour, a Wedbush Securities analyst named Joel Kulina, quickly poured cool water on the escalating flames, claiming that it all started with "unconfirmed market speculation".

That said, Kulina spoke with GI.biz after the report came to light, stating they were not the source of the rumor, and stock was already going up before the rumor hit. He speculated that someone acquired a trading note he wrote and asserted that he did not give any phone interviews on the subject.

While the story did indeed go viral, so too did Take Two Interactive's share prices which soared upwards in trade when the news began circulating.

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Today, Marketwatch revealed that Take-Two Interactives stock has climbed 4.7% after rumors that Sony Interactive is in board-level discussions to acquire the company in a "mostly cash deal". The company is valued at around $130 per share, according to Joel Kulina of Wedbush Securities.

A recent MarketWatch report states that Sony is now involved in said discussions about the possible acquisition of Take-Two Interactive in the form of a "cash deal".

At this stage, it's not clear what an acquisition would mean. Take-Two is most notably the parent company of 2K Games and developer Rockstar Games and owns some of the most profitable IP in the video game industry such as National Basketball Association 2K and Grand Theft Auto just to name a few. However, it would be a roundabout way for Sony to own Agent, the lost and canceled Rockstar game that was announced at E3 2009 as a PS3 exclusive. There are always faint echoes of big corporations in the video games buying each other that never materialize.

Similar stories, such as Microsoft's supposed EA takeover, and Apple's rumoured Nintendo acquisition, both turned out to be false.

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