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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

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About Matthew Bennett

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Matt is one of the longest-serving members of the EGMNOW team. 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. Find him on Twitter @mattyjb89

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

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.

By Matthew Bennett | 01/4/2013 09:55 AM PT

News

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

0   POINTS
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About Matthew Bennett

view all posts

Matt is one of the longest-serving members of the EGMNOW team. 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. Find him on Twitter @mattyjb89