Carl Icahn, whose 11 per cent ownership of Take-Two Interactive was by itself enough to restart buyout chatter, has grabbed another one million shares of the publisher according to a securities filing last week.
The notorious investor Carl Icahn disclosed late this week he owns more than 11 percent of Take-Two’s shares, a stake large enough to restart talk that the publisher faces a buyout.
Annual iterations to reliable blockbuster games—like Call of Duty—would likely go a long way to improving Grand Theft Auto publisher Take-Two Interactive’s bottom line. But execs for the publisher don’t believe GTA is in need of annual sequels.
During yesterday’s Take-Two Interactive third quarter 2009 fiscal report conference call, chairman Strauss Zelnick laid out the company’s non-strategy for announcing the next Grand Theft Auto game.