[Axios] Predictive Report: Game industry investment, deals to increase in 2024 - Sony, Take-Two and Savvy/Scopely expected to make big purchases

Gizmo_Duck

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Take two is worth more than Sony right now , not to put a damper on your exuberance

Was talking about the software division but you're right there should have worded it better.You really think in a million years Sony would.be able to acquire take two :russ: . GTA is the name of the game. Just printing money for them

They could if they wanted. I don’t think its likely.

Take Two is worth a little over 22 billion, Sony is over 100 billion, they’d have numerous options for acquiring a company of that size. Sony originally bid on Fox which was worth way more than Take Two. You don’t only have to buy companies with cash.

GTA is big but it isn’t as big as Take Two’s market evaluation dictates, theres a lot of other factors involved that makes it a bad acquisition. GTA is great for Rockstar, its not a great investment for a company the size of Sony.


Take Two themselves bought Zynga for 13 billion dollars, they themselves were worth 17b at the time.



Sony are also currently selling off their financial business in order to put funds towards M&A so they are definitely going to buy something.

 
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Tribaligenesis

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They could if they wanted. I don’t think its likely.

Take Two is worth a little over 22 billion, Sony is over 100 billion, they’d have numerous options for acquiring a company of that size. Sony originally bid on Fox which was worth way more than Take Two. You don’t only have to buy companies with cash.

GTA is big but it isn’t as big as Take Two’s market evaluation dictates, theres a lot of other factors involved that makes it a bad acquisition. GTA is great for Rockstar, its not a great investment for a company the size of Sony.


Take Two themselves bought Zynga for 13 billion dollars, they themselves were worth 17b at the time.



Sony are also currently selling off their financial business in order to put funds towards M&A so they are definitely going to buy something.

 
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