Grand Theft Auto sales top $500 mln
Take-Two Interactive Software Inc. scored over $ 500 million in global sales of its criminal action game “Grand Theft Auto 4″ in its first week, making it one of the most lucrative entertainment starts in history.
The video game publisher is sure that the strong results, even ranked one of the most bullish expectations, to strengthen their bargaining position in talks with rival Electronic Arts Inc., is trying to buy for $ 2 billion, or $ 25, 74 per share.
“If this negotiating position as it is about leverage,” said Janco Partners analyst Mike Hickey.