|
||||||||
|
|
|
|
|
|
|
|
|
|
« Louie the Stockbroker | Main | Hedge Funds Loading Up on Cocoa » March 20, 2007 Take-Two Takes Five on Their Annual MeetingThe soap opera at Take-Two Interactive (TTWO) may finally be reaching a conclusion. The company which makes Grand Theft Auto is in a load of trouble. Outside of the fact they don’t make money, is that TTWO is under a slew of lawsuits and investigations. In one of the dumbest moves of the year, they’ve just launched a lawsuit against one of their biggest critics. A group of shareholders has had enough and is aiming to take over the company and ditch the current management. I so hope they win. It looks like they have the votes to do it. The management team has delayed its annual meeting to explore their options, including a sale. Please, no one is going to buy Take-Two. I hear people say Electronic Arts (ERTS). No way. If Take-Two is lucky, the dissident shareholders will win and turn the company around. Posted by edelfenbein at March 20, 2007 1:54 PM |
|
 |
||