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Take-Two: possible sale of company!!
Old 03-19-2007, 01:56 PM   #1
Dillweedshake
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Default Take-Two: possible sale of company!!

from the press release
Quote:
Take-Two Interactive Software, Inc. announced today that the Company has postponed its annual meeting scheduled . The meeting will be held at a time and location to be designated in a revised Notice of Meeting, to be issued later today. The current record date of February 26, 2007 for the annual meeting remains unchanged.

The Company also announced that, in light of the expressed intention of a shareholder group to act by written consent under certain circumstances, the Board of Directors has set a record date of the close of business on March 29, 2007 for the purpose of determining the shareholders entitled to act by written consent.

The purposes of the Board's actions are to provide additional time to review the proposed actions of the shareholder group and also to evaluate alternative courses of actions that could potentially be presented to the shareholders, including a possible sale of the Company.
So in other the words, shareholders are trying to seize control of the company. I'm wondering if they do sell the company,who will buy it. Would it be a good move for Sony,or m$ to buy it.?? EA perhaps(god no!!) GTA console exclusive? what will happen to all the companies(and their games) under Take-Two. ........... Bioshock better not be delayed!!
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Last edited by Dillweedshake : 03-19-2007 at 01:59 PM.
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