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Video game maker THQ sees buying opportunities: CEO

SAN FRANCISCO
Thu Apr 3, 2008 9:37pm EDT

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SAN FRANCISCO (Reuters) - THQ Inc (THQI.O) is looking at buying other video game developers, but the publisher of games like "Cars" and "Saints Row" can grow without making acquisitions, Chief Executive Brian Farrell said on Thursday.

Stocks  |  Mergers & Acquisitions

"We are seeing some opportunities in the marketplace given the two transactions going on," Farrell told Reuters, referring to the pending merger between Activision Inc (ATVI.O) and the games unit of Vivendi (VIV.PA), and Electronic Arts Inc's (ERTS.O) $2 billion offer for Take-Two Interactive Software Inc (TTWO.O).

"It's going to create some opportunities because we are actively looking at every developer, every license out there and with our size now we can be more aggressive than larger, slower firms," Farrell said.

Asked if THQ was looking at smaller development studios or publicly listed firms, Farrell said: "M&A is not a required or necessary thing in order to grow."

(Reporting by Scott Hillis; Editing by Gary Hill)



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