Quote:
Originally Posted by Mspigglypooh
|
@
Mspigglypooh The following 'commentary' is by no means directed at you. What I do have to say is about the article itself.
The news is there isn't any news. There has been endless gossip about Tencent and what they are going to do since 2015 and probably earlier than that if I really looked. Then there is the second problem with said article. Any article that starts with mysterious sources telling another so-called source something shouldn't be read any further than that. It is garbage journalism. To add further insult to injury, in order to actually read what "TMT Finance" said, a person has to subscribe. The homepage for this TMT Finance company reads like something a person would see on a late night infomercial. Yeah, no. I'm not subbing or paying money to that.
Quote:
Insiders believe Tencent could force a hostile takeover of Grand Theft Auto parent company Take-Two Interactive, or possibly make a deal to buy out EA.
|
A hostile takeover of EA or Take-Two? Even if such thing were to happen, why would it be hostile? The gaming industry along with Hollywood and many other groups have been kissing China's ass for years. There would be no reason for any form of hostility. Furthermore, what makes these mysterious people think the Federal Trade Commission and the US Securities and Exchange Commission would allow this hostile takeover happen in the first place? Both companies are publicly traded. If something like this was attempted, all stock trading / funds would be locked down immediately. Nobody from China can show up at either business and declare one or both companies their own.
Who are these mysterious insiders? If top brass farts at either company, there is news about it. If hostile people from China were coming for one or both companies, there would be talk about it from bigger, more important places than from this website that I've never heard of along with a author who I've also never heard of. In reading his bio, he sounds like somebody that is hanging out in his parents basement while trying to make something of himself. He claims to have 6 years of journalism under his belt, but yet he hasn't figured out that the mysterious source thing is bullshit, mmkay.
If EA and or Take-Two are going to hang "For Sale" signs on their doors, people are going to know about it long before said sale happens. Selling and buying such companies is not like walking into Walmart to buy a gallon of milk. The process can take months, sometimes over a year due to the fact that they are publicly traded.