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October 7, 2008 3:35:52 AM CDT


Stories related to: Take-Two Interactive Software

Stories

6 Stories

  • June 2008
    • Crime Pays for Grand Theft Auto Maker

      Crime Pays for Grand Theft Auto Maker

      (Newser) - Profit forecasts have shot through the roof at Take-Two Interactive Software, thanks to the runaway success of Grand Theft Auto IV, reports MarketWatch. The company is boasting a $100 million second-quarter profit, up from a $50 million loss for the same period last year—even though the blockbuster game was released just two days before the quarter ended. More »

      Tags

      video game   software   Electronic Arts   Grand Theft Auto IV   Take-Two Interactive Software   Grand Theft Auto

  • May 2008
    • Grand Theft Auto Burns Up Sales Record

      Grand Theft Auto Burns Up Sales Record

      (Newser) - Grand Theft Auto IV made off with a clean $500 million in its first week on sale, the biggest bow ever for a video game, MTV reports. The take left in the dust Halo 3’s $300 million debut, the previous record holder. It also surpasses any movie or music launch to date, manufacturer Take-Two’s chairman was quick to point out. More »

      Tags

      video game   Grand Theft Auto IV   Take-Two Interactive Software

  • April 2008
    • New Grand Theft May Shatter Sales Records Today

      New Grand Theft May Shatter Sales Records Today

      (Newser) - Everyone’s favorite controversy magnet is coming back to consoles—and it’s going to make a lot of money. Grand Theft Auto IV went on sale today, and it’s expected to shatter sales records, the Wall Street Journal reports. One analyst predicts $400 million in its first week. An opening like that could change the fortunes of its producer, Take-Two Interactive Software, which is in takeover talks. More »

      Tags

      video game   Electronic Arts   Grand Theft Auto IV   Take-Two Interactive Software   Grand Theft Auto

  • March 2008
    • EA Gets Hostile in 'Grand Theft' Takeover Bid

      EA Gets Hostile in 'Grand Theft' Takeover Bid

      (Newser) - Electronic Arts is renewing its $2 billion bid to take over rival Take-Two Interactive—but this time the offer will go directly to the video game maker's shareholders, in a sign the potential deal may be turning hostile, reports the Wall Street Journal. EA’s initial offer was rejected by Take-Two management, who said it undervalued the company, even though the $26 per share represented a 50% premium at the time. More »

      Tags

      acquisitions   Electronic Arts   hostile takeover   Grand Theft Auto IV   Take-Two Interactive Software   EA Sports

    • Take-Two Promises Solid 2008

      Take-Two Promises Solid 2008

      (Newser) - Videogame maker Take-Two Interactive—owner of gamer favorites Grand Theft Auto and Bioshock—said first quarter losses jumped nearly 77% to $38 million while revenue fell some 13% to $240.4 million, reports the New York Times . But the company projected an upbeat 2008 with revenues growing 40% to $1.4 billion and earnings of $1.55 per share. More »

      Tags

      acquisitions   takeover bid   Grand Theft Auto IV   revenue   Take-Two Interactive Software   EA Sports

  • February 2008

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