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Wedbush Morgan Securities analyst Michael Pachter is predicting that Take-Two management will cave in and enter talks with Electronic Arts before the release of Grand Theft Auto IV.[blockquote2]We expect that in order to save face, Take-Two management will withdraw its demand that any discussions wait until after the launch of GTA IV, and we think that management will engage in discussions with EA[/blockquote2]Aside from BioShock 2, which isn't due for a release until late 2009, Pachter is disappointed with the company's lineup for next year. The analyst believes that EA may raise its offer to $27 dollars per share, up from the original $26 offer, in order to complete a friendly transaction.
