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.
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