“Consolidation” has been mentioned time and time over in the last few years, and it’s taken an interesting turn. Electronic Arts have made an offer of $26 per share to gain control of Take 2 Interactive – two billion GB Pounds, over sixty percent more than their worth when the offer was made. The offer was made to the Take 2 board of directors – who rejected it. EA have now made it publicly known to Take 2’s shareholders. The take-over would give EA ownership of all of Take 2’s brands and studios, which includes everyone from Rockstar North to Irrational (aka, hnnnggghhh, 2K Boston). Lots more over at Yahoo.
Initial thoughts: This has be taken as a vote of confidence in the forthcoming GTA4’s quality, yeah? [Answer: yes – read on]