homersby

Take-Two Should Be a Bigger Acquisition Target

I totally agree with everything you wrote, but isn't the market discounting another offer since TTWO rejected 26/25.74? Zelnick probably still thinks it is worth more than that and he may well be correct, but that would mean an offer well over 100% premium to current price. Rare numbers even in the best of times. The market, in general, no matter how hard we try to inform others, still sees TTWO as a one hit wonder. I know that's not true and so does any reasonably informed person, but the market is not always reasonably informed of things like this. Just my thoughts.