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Shares of Take-Two Interactive Software Inc. plunged 13 percent in after-hours trading after the video game maker cut its financial outlook, citing lackluster orders from retailers and the delay of a popular new title.
Take-Two Interactive Software Inc. issued a fiscal second-quarter outlook below Wall Street's estimates Tuesday but reiterated its full-year guidance following better-than-expected first-quarter results.
Video game publisher Take-Two Interactive Software Inc. posted a larger loss for its fiscal first quarter Tuesday as higher marketing, development and legal costs outweighed stronger sales, but results topped Wall Street expectations.
Now that a potential buyer has walked away, the video game publisher behind the popular "Grand Theft Auto" series could remain an independent company for the foreseeable future.
Video game publisher Electronic Arts Inc. is retracting its hostile bid for smaller rival Take-Two Interactive Software Inc., but a deal — and a friendly one at that — is likelier than ever.
Video game publisher Electronic Arts Inc. has again extended the deadline for its $2 billion tender offer to buy smaller rival Take-Two Interactive Software Inc.
Video game publisher Electronic Arts Inc. has for a third time extended the deadline for its $2 billion tender offer to buy smaller rival Take-Two Interactive Software Inc., but it did not raise the price as many analysts had expected.
"Grand Theft Auto IV" raked in more than $500 million in its first week in stores, selling more than 6 million units worldwide, the video game's publisher said Wednesday.
Take-Two Interactive Software Inc., publisher of the popular "Grand Theft Auto" video game series, wanted more time to consider a $2 billion buyout by larger rival Electronic Arts Inc., and it wanted more money. On Friday, half its wish came true.
Shareholders of Take-Two Interactive Software Inc. easily passed a proposal Thursday to grant ZelnickMedia, the company's management, 1.5 million shares of restricted stock.
The heat is on: Electronic Arts Inc.'s $2 billion bid for "Grand Theft Auto" maker Take-Two Interactive Software Inc. turned hostile Thursday as EA took its $26-per-share offer directly to Take-Two shareholders.
Its biggest moneymaker is weeks away from hitting store shelves, but "Grand Theft Auto" publisher Take-Two Interactive Software Inc. posted fiscal first-quarter results that topped Wall Street's expectations Tuesday.
Take-Two Interactive Software Inc., maker of the "Grand Theft Auto" video game series, said Thursday that other companies are interested in buying it, but Take Two has not received any formal offers and is not negotiating a merger with anyone.
Electronic Arts Inc. is pushing ahead with a bid to take over upstart gaming rival Take-Two Interactive Software Inc., despite rebuffs from the smaller company.
Players of the video game "Manhunt 2" would have assumed the role of a scientist with amnesia who escapes from an asylum and then goes on a bloody killing spree as he tries to remember his past. But consumers may never see it on store shelves.
Take-Two Interactive Software Inc., publishers of the popular video game "Grand Theft Auto: San Andreas," agreed to settle Federal Trade Commission charges for failing to disclose that animated sex scenes were hidden on the discs.
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