Investor's Big Stake in Take-Two Reignites Buyout Chatter

Published: January 01, 0001

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 y1 com the publisher y1 com faces a buyout. In an SEC filing, Icahn declared his ownership of more than nine million shares, worth $70.6 million, and included his opinion that Take-Two’s shares are “undervalued,” which means he wants to talk to the company’s leadership about turning that around, and 11 percent is clout enough to สมาชิกใหม่ รับเครดิตฟรีทันที have that conversation.(new Image()).src = 'https://capi.connatix.com/tr/si?token=995c4c7d-194f-4077-b0a0-7ad466eb737c&cid=872d12ce-453b-4870-845f-955919887e1b'; cnx.cmd.push(function() { cnx({ playerId: "995c4c7d-194f-4077-b0a0-7ad466eb737c" }).render("79703296e5134c75a2db6e1b64762017"); }); Michael Pachter, the Wedbush analyst frequently quoted by the gaming press, told Gamasutra สมาชิกใหม่ รับเครดิตฟรีทันที his firm thinks Icahn “intends to force the company to consider เครดิตฟรี a sale.” Pachter also pointed เครดิตฟรี out that Icahn and Take-Two CEO Strauss Zelnick are on the Blockbuster board of directors. From the filing, it appears Icahn’s stake in Take-Two appeared to jump significantly in the past two weeks, when the publisher first announced it would fall short of its own guidance on fiscal earnings. Activist Investor Icahn Boosts Take-Two Stake [Gamasutra]

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