THQ, Midway, Atari stocks surge on EA's bid for Take-Two
Looks like I'm not the only one who thinks that EA's bid for Take-Two signifies a period of consolidation coming to the videogame business. Take a look at the performance of several small and mid-sized publishers' stocks Monday, none of whom had any news of their own:
THQ: Up 10% to $9.65
Midway: Up 7% to $2.19
Atari: Up 13% to $1.61
Anybody want to take bets on how many of those companies, along with some European publishers like Eidos and maybe even Ubisoft, will still be independent a year from now?
Chris Morris reports on the business and culture of video games and offers analysis of recent events and industry trends.
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