Activision Blizzard Could Buy Take-Two
What company would you trust with Grand Theft Auto?
Activision Blizzard, the holding company of Activision and Blizzard Entertainment, might be interested in buying Take-Two Interactive, the company that owns Rockstar Games. On Friday, analyst Mike Hickey discussed the thoughts behind such a deal. For Activision Blizzard, it would be an incredible deal to obtain a company as successful as Take-Two.
Take-Two, meanwhile, appreciates the company's "deep connections to Hollywood" and success with online games such as World of Warcraft. It seems Take-Two is interested in the possibility of making films based on its IPs.
Take-Two's stock rose over 4% on the news. The fan response, however, has been nowhere near has good. In fact, it generally boils down to "No!"
This negativity is mainly because of Activision's poor reputation among players, due to issues such as its annual Call of Duty releases. Blizzard is viewed favorably, but due to the nature of Activision and Blizzard's merger, the company kept more of its autonomy than Take-Two might if it was acquired.
Do you think it would be good or bad for Activision Blizzard to buy Take-Two? Do you think Take-Two would accept an offer? Let us know in the comments, but before you panic, keep in mind that most of this is based on Hickey's analysis. No formal offer has been made yet.