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Bono, Murdoch could buy 'Grand Theft Auto' maker

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Bracing for a shareholder revolt, the maker of the "Grand Theft Auto" video game said Monday it is considering new corporate strategies, including the sale of the company.

Take Two Interactive Software also postponed its shareholder meeting by six days, moving it to March 29. Twelve days ago, investors owning some 46 percent of the company's shares announced plans to stage a take over the board and oust current CEO Paul Eibeler. The move comes after years of scandals and allegations ranging from backdated options to overstated revenue to hidden sexual content in its most popular game: "Grand Theft Auto: San Andreas..."
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money.cnn.com
Jebissaveme - contributor
Published: 1007 days 5 hours ago | News | PlayStation 3 | Xbox 360 | Industry News
 
 

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