News For TTWO From The Last 14 Days Check below for free stories on TTWO the last two weeks.
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January 31, 2010
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| 21:53 EDT |  | TTWO |
| theflyonthewall.com: | Carl Icahn bought $9.7M in Take-Two shares, Barrons.com reports | | Activist and billionaire investor Carl Icahn, is once again buying shares of game maker Take-Two Interactive Software (TTWO). After disclosing a major stake in Take-Two last month and gaining three board seats, Icahn bought around 1M more shares at an average price of $9.21 a share, for $9.7M, from Jan. 26 through 28. After the purchase, Icahn held 10.2M shares, a 12.3% stake, up from around 9.2M shares, an 11% stake. Take-Two shares have fallen 19% over the past three months as the company has struggled to perform without a new release in its storied Grand Theft Auto franchise. Take-Two shares. Even after the most recent buy, his stake is not enough to surpass Oppenheimer Funds' 13.9%. Sterne Agee analyst Arvind Bhatia says Icahn may continue to buy enough shares to get to the top spot. Unlike other Icahn takeovers, this one has been amicable, Bhatia says. He rates Take-Two at Buy. Despite the company's fundamental challenges, he values its underlying assets -- the game franchises -- at $15 to $18 per share from the perspective of an outside buyer. As a stand-alone company, they're worth $13 per share, Bhatia says. Reference Link :theflyonthewall.com |
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January 29, 2010
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| 08:41 EDT |  | TTWO |
| theflyonthewall.com: | Take-Two upgraded to Buy from Long-Term Buy at Hilliard Lyons | | :theflyonthewall.com |
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January 28, 2010
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| 17:38 EDT |  | TTWO |
| theflyonthewall.com: | Carl Icahn reports increased stake of 12.28% in Take-Two | | :theflyonthewall.com |
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