“It’s not you, it’s me.” EA Dissed, again, by Take-Two
EA is yet another company who continued to get spurned by a smaller, high-profile company. The other, of course, being Microsoft.
It’s like the rich dude who keeps begging the cute chick to go out with him, thinking that with all his wealth and star-power, she should just say yes. In this case, EA is the rich dude, and Take-Two Interactive (TTWO) is the cute chick.
Well, she’s ridiculously hot because she’s got one of the best bodies - the enormously popular Grand Theft Auto franchise.
But after extending its offer for Take-Two, again (4th time), EA’s offer was rejected, again. Still too low for Take-Two.
Initially, Take-Two wanted to wait until GTA had been officially released to see if it could drive increased sales and value.
So far, not-so-good. Sales are high, but since the debut of GTA on April 29, Take-Two’s stock has actually gone slightly down -.5%. In the last three months, Take-Two’s stock is only up 4%, having fallen off quite a bit in the last few weeks.
So maybe EA is saying, “Look babe, I know you’re hot. You know you have a killer body. But you can’t pull any other dudes with my looks, intelligence and wealth. So I’ll wait, but let’s stop fooling around and make it happen.”
Take-Two is giving EA the “It’s not you. It’s
It’s actually kinda funny.
