Rumour: Activision Considering Take Two Acquisition

By Darryl Kaye on February 11, 2011, 8:58AM EDT
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Reports are circulating the "highest levels" which suggest that Activision is considering an acquisition of Take Two, the publisher responsible for titles like Red Dead Redemption, Grand Theft Auto and BioShock.

Activision's has had a rather interesting week, which saw them axe the Guitar Hero and DJ Hero brands, while also cancelling the new True Crime title. Senior figures believe that acquiring Take Two would lessen their reliance on their remaining franchises.

Reports are indicating that if Activision does make a move, Take Two would put up strong resistance, as they have shown against take-over bids in the past.

Source: MCV

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