Monday, March 19, 2007

Take-Two Interactive (TTWO) Could Explore A Possible Sale

Take-Two Interactive Software, Inc. (NASDAQ: TTWO) postponed its annual meeting scheduled for March 23, 2007 until March 29, 2007 following the expressed intention of a shareholder group to takeover the board.

The current board said it needs 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.

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