Take-Two A Prime Target For Acquisition

06 Jan 2010 at 11:56:32 by Andy Alderson

Grand Theft Auto publisher Take-Two is one of the most prominent candidates for acquisition this year according to a multimedia financial services outfit.

The Motley Fool (via Edge) claims poor financial results since the company failed to reach a buyout agreement with publishing giant EA in 2008 – and its attractive portfolio of titles – make it a candidate for buyout.

“Take-Two is suffering through product delays and a moribund industry that has posted lower year-over-year sales in eight of the past nine months,” said The Motley Fool.

“That last point is critical in Take-Two's buyout thesis, though, since its larger competitors are also reeling at this point.”

With a roster of titles including Grand Theft Auto and BioShock, the company certainly has a strong portfolio and The Motley Fool suggests its execs must be “embarrassed” at the drop in its share price since the EA negotiations.

Take-Two also has two lower-profile, but potentially brilliant, open world titles due out this year in the form of Mafia II and Red Dead Redemption which we were invited to see at the end of last year. Check out the preview here. 

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