Rectify Gaming

Report: Sony Is In Talks To Acquire Take-Two


Take-Two is known for their IP’s such as GTA, Red Dead Redemption, Borderlands, & BioShock. The list can go on and on, but according to a recent report their stock has climbed and there’s interest from Sony about an acquisition.

According to a recent ResetEra post their Take Two’s stock climbed 4.7% on rumors of Sony in discussions of acquiring them. Here is the official statement below:

Sony Corp. SNE, +0.93% “is in advanced board level discussions to acquire Take-Two Interactive in a mostly cash deal,” that would value the company at $130 share, according to Joel Kulina, head of technology and media trading at Wedbush Securities.”

We’d take this right now with a grain of salt as it’s probably still very early until this were to happen. There’s a lot to factor in with this type of deal, but we’ll see what happens.

Daniel Ahmad also commented on this situation:

Stay tuned for more updates.

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Tyler ‘Tyboy’ Nienburg released Rectify Gaming back on December 17th, 2013. He has been gaming for over 16 years and it all started on the Nintendo 64 and a little Sega. Once he touched Halo he was never the same. Feel free to contact the head of Rectify at Tyler@Rectifygaming.com

About The Author

Tyler Nienburg

Tyler ‘Tyboy’ Nienburg released Rectify Gaming back on December 17th, 2013. He has been gaming for over 16 years and it all started on the Nintendo 64 and a little Sega. Once he touched Halo he was never the same. Feel free to contact the head of Rectify at Tyler@Rectifygaming.com