This is a rumour that most people will hope doesn’t happen. According to an analyst Mike Hickey, Activision is looking to buy Take-Two Interactive and thus become the owner of valuable IPs such as Grand Theft Auto and Red Dead Redemption.
“For Activision, acquiring Take-Two Interactive would be a no-brainer, in our view, circling some of the strongest development talent and owned IP in the world, within a company that has nearly $1 billion in cash and trades at a comparably lower multiple,” he said in a research note.
Now this may or may not happen because Activision needs to shell out a lot of money for Take-Two especially considering GTA 5 sold 32 million copies and the brand does not come cheap.
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