Billionaire investor Carl Icahn has bought a sizable chunk of shares to increase his stake in Take-Two by more than a percent. As reported in Gamasutra, Icahn bought more than one million shares at around $9.20 a share to increase his holding to more than twelve percent of the company. The investor s interest in Take-Two has been the subject of recent news in and outside of the game industry. Reports surfaced last week that Icahn was among sources of a rumor that Time-Warner was interested in buying Take-Two. Gamasutra points to his publicized attempt to reshuffle Take-Two s board, a move that could remove company chief Ben Feder from his board seat. Read more at Gamasutra.
Icahn Takes More Of Take-Two
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