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Wii | Billionaire buys up 11% of Take-Two

18 hours ago ago from GPT Analyzer

Carl Icahn increases stake in Grand Theft Auto publisher; news of his interest boosts share price more than 11%, sparks speculation of shareholder revolt. When a group of angry shareholders led by Strauss Zelnick overthrew the Take-Two board of directors and installed a new executive team with Zelnick as chairman in March 2007, the publisher's stock was trading for more than $21. Yesterday, Take-Two stock closed at $8.25, and some ...

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