From Alley Insider today: It's "rational" to expect Electronic Arts to raise its bid for Take-Two, the makers of Grand Theft Auto, says Goldman Sachs analyst Mark Wienkes. This seems to be the market consensus, since TTWO is now trading just below ERTS' $26/share offer. But Wienkes also wants the two companies to hurry up and get it over with -- if the deal is going to help Electronic Arts with its 2009 release schedule, it's got to happen soon, he says.
From Alley Insider today: It's "rational" to expect Electronic Arts to raise its bid for Take-Two, the makers of Grand Theft Auto, says Goldman Sachs analyst Mark Wienkes. This seems to be the market consensus, since TTWO is now trading just below ERTS' $26/share offer. But Wienkes also wants the two companies to hurry up and get it over with -- if the deal is going to help Electronic Arts with its 2009 release schedule, it's got to happen soon, he says.