Sony say there are “no plans” to buy Take-Two

 

Stand down keyboard warriors, Sony have responded to the story that they were going to buy Take-Two and the answer is an empathetic ‘no’. Veturebeat have a quote from a Sony spokesman who stated “we do not know where the rumor is coming from, but there is no such plan.”

The original rumour pushed up the price of Take-Two, and since Sony’s confirmation that they are not buying the company, the share price has dropped back very quickly.

It appears that the Dow owned MarketWatch publication used a trading note from Wedbush Securities’ Joel Kulina and added the words “advanced board level discussions”, which were not present on Kulina’s original note. Where that wording was sourced from is unclear.

Anyway. Grand Theft Auto 6 is still coming to Xbox, everyone can calm down now.

Source: Venturebeat

Written by
News Editor at TheSixthAxis, DJ, Producer of UK#1 album, writer of boppy dance tunes, cat daddy, porn star, gym bunny, #TeamGay, and massively inappropriate. Probs fancies your dad.

3 Comments

  1. Follow the money and see who made the biggest killing on the share price change I would wager.

  2. How fast were you typing this, fella?! :D

    Also, good news for everyone when it comes to GTA VI.

  3. A few years ago I’d be OK with it, but with Sony and their recent puritan agenda of censoring content, I’m glad this isn’t happening.

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