We believe that speculation about a potential leveraged buyout is unfounded. If anything, Take-Two's disclosure that it may require additional capital to fund next generation game development suggests to us that it is not an LBO candidate.
More Quotes from Michael Pachter:
One reason they didn't make my number was because they added so much to the reserves.Michael Pachter
We believe that Midway's recent share-price weakness is more attributable to a slow down in purchases by its major shareholder than to a downturn in its business.
Michael Pachter
I think selling studios is not the right move. The first thing the company should do is shut down everything in Europe. Bruno (Bonnell) is out to lunch. ... The guys in the U.S. make games. The guys in Europe just sell them.
Michael Pachter
Nobody at Take-Two will have the guts to put any hidden sexual content in any game so people are making a bigger deal out of this than is there, ... At the end of the day, the stock is really cheap and the discount makes no sense.
Michael Pachter
... like the health club model, after you pay your 30 bucks a month for 3 or 4 months and you only go once a week, you realize it's not worth it and you split. That's what will happen with Warcraft ,
Michael Pachter
Every now and then a company will come up with something really innovative and they'll sequel it to death.
Michael Pachter
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Based on Topics: Potential QuotesBased on Keywords: buyout, lbo, take-twos
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