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EA to Buy 2K Sports?
by Rainier on Feb. 16, 2007 @ 9:49 p.m. PST
Earlier today Wedbush Morgan Securities analyst Michael Pachter was advising investors to sell Take Two Interactive stock due to the company's ongoing financial and legal issues. Take Two owns 2K Games, 2K Sports, Rockstar and Global Star brands and interestingly enough Pachter also claimed that now would be the right for EA to swoop in and buy out 2K Sports giving EA a monopoly on football, basketball, baseball, and hockey.
Earlier today Wedbush Morgan Securities analyst Michael Pachter was advising investors to sell Take Two Interactive stock due to the company's ongoing financial and legal issues. Take Two owns 2K Games, 2K Sports, Rockstar and Global Star brands and interestingly enough Pachter also claimed that now would be the right for EA to swoop in and buy out 2K Sports giving EA a monopoly on football, basketball, baseball, and hockey.
