Slowing GTA IV sales could complicate Take-Two/EA negotiations

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Slowing GTA IV sales could complicate Take-Two/EA negotiations

September 13th, 2008, 10:09 Posted By: wraggster

A story by Dow Jones speculates that the slowing sales of GTA IV may hurt Take-Two's chances of getting a good buyout deal from EA. The two companies are currently in behind-closed-doors negotiations following several months of failed hostile takeover bids by EA for the GTA publisher.

GTA IV came out of the gate strong when it premiered in April, earning $500 million in its first week and going on to sell 8.5 million units so far. However, August NPD data shows the game has slipped to the 46th best-selling game spot for the month, which is another notch down the ladder from its 45th place in July.

http://www.joystiq.com/2008/09/12/sl...-negotiations/

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