egmnow
My Games
New Games
Top Games


Subscribe
Release Date: 4Q 2012
 

  • 200
    News
  • 1
    Reviews
  • Previews
  • 1
    Features
  • 21
    Video
  • Images
  • Podcasts
  • Other
  •  
  • More
  • 12K
    Subscribers


Investors Rushing to Buy Take-Two Shares Ahead of GTA V Release

By
Posted on January 4, 2013 AT 06:55am

Two investment companies have increased their stake in Take-Two in preparation for the release of one of the most anticipated games in history, Grand Theft Auto V.

Citadel Investment Group has increased its stake in Take-Two to six percent following a spending spree over the holiday period, and investment group Carl Icahn has recently acquired 8.7 million shares in the company. It doesn’t take a genius to work out why–Grand Theft Auto V has the entire gaming world in a spin and should easily break most records when it finally launches later this year.

Take-Two’s stock price has risen from $7.82 to $11.88 over the past few months. Grand Theft Auto V is due to release spring 2013 for Xbox 360 and PlayStation 3, with a PC release date still yet to be determined.

Via: CVG

Matthew Bennett, Associate Editor
Matthew Bennett finally got his big break with EGM three years ago, following years of volunteer work for various sites. An ability to go many hours without sleep and a quick wit make him ideal for his role as associate editor at EGMNOW.com. He often thinks back to the days when the very idea of this career seemed like nothing but an impossible dream. Follow him on Twitter @mattyjb89. Meet the rest of the crew.

Partner Pages

Subscribe
Subscribe
Subscribe



EGM MEDIA, LLC
8840 Wilshire Blvd.,
Third Floor,
Beverly Hills, CA 90211
egm

© 2014 EGM Media LLC. All rights reserved. Trademarks belong to their respective owners.
Website Interface © 2012 EGM Digital Media, LLC.