Billionaire buys up 11% of Take-Two

thibbledorfP - and how has your theroy stood up against EA? Nuff said.

all you guys need to know that in 3 years take two will have a stock price of 24$. So start buying it up at 10$. If you like money.

I find it amusing that people who become filthy rich always end up alone. Just look at how many people on here hate this guy for his redundant indulgence and wealth. In all likelihood however, this guy deserves it. Either way, I know I wouldn't want so many people I don't even know hating me. Maybe he should have realized how greedy he was before it was too late to redeem himself.

All of that money and there are still people starving in the United States. I loathe such overindulgence.

This old fart prob never played a game in his life.

Gamers are spoilt for choice right now, so if you want the company to be buoyant again, focus on developing attractive IP's. Gamers are well-informed and word spreads fast, so developing crappy games with a spit-shine polish or LCD marketing won't work for very long.

11%, thats a big chunk of change.

here's an idea, let one of the big boys buy take two. EA or Activision would do well buying this company. less competition better is always for gamer yaaayyy (sarcasm)

wow, single handedly taking over a company xD

@ MERGATROYDER 200 bucks will make you a proud owner of 0.000000261% of Take Two

They shouldn't let the retard buy any of it or any one else. Mr. Pakter has a little Porsche.

Is it me or was this out of nowhere?

woah. i didnt know there were people who singlehandedly took over companies -_-

Hey Carl, I got some ideas you may be interested in. Clearly TTWO hasn't been having any luck with the ones they have come up with. Who am I to judge an amazing company? I would jump on-board and buy a piece of the company as well if I had the funds. Will you take 200 bucks?

Oh geez... Heres hopin this doesn't affect the GTA franchise in any way.

This is all legal when you are a publicly traded company. When you go public, I hope you took these risks into account because you can't be a crybaby about it after the fact. Good luck TTWO.

Well if there ever was a company that I would not have to worry about selling out, it would be good old Rock *. Just read some interviews with the Houser brothers (writer/creator of the gta series), they are straight up gamers and obviously dislike corporate dbags just as much as the rest of us. I mean come on, just soak in all that satire that they love to unload through Grand Theft Auto. These aren't the type of people to sacrifice integrity to make an extra buck.

OMG! you know what carl ichan does nothing to make companies better....all he does is find ways to take ownership so he can start cutting up and dicing up a company to recoup his investment. he's corporate raider that's it....he's not a video game guy at all.

Watch for Take Two to fall in 2010, This action doesn't sound too good for the company. Take Two was already hurt by EA's attempted takeover and now their shareholders might finish the job EA started......Who's to say they aren't working with EA? Take Two is one of the last relatively Independent developers left, it would be a shame to see them bought and sold to a company that will gut them all in the name of stealing GTA...... I certain;y wouldn't trust anything they did unless they remain what they are, I'm sick of people and companies in strong positions being robbed of the things that make them great......

11% will most likely be a plurality. I doubt anyone other individual holds so much sway. In business, that puts you as a large shareholder.

Be interesting to see how he influences things.

At least it's only 11% instead of 51%. This way he has a strong presence when he has something to say in board meeting's. But he won't be the MAIN deciding factor on decisions that the board has to make. :-)

You've got admit that take-two does have a lot of potential especially if they can get another franchise with half the appeal of GTA. I think he does right the share price is undervalued and they are worth investing in if you have money spare. As for the games the more the shares are worth, the more money the company has access to for games development.

I think we are going to get screwed on this one. Everytime a millionare gets involved with games and isn't a gamer. The company goes belly up

2010 should be a good year for Take Two R* Games has a great line up hopefully Bully 2 will be in the summer..

Who cares to be honest..... as long as Take Two keep making good games.

I got a bad feeling something ain't right here.This maybe EA's way of finally getting it's little hands on Take Two.

I just hope Take Two will still do well.

It's not about having someone to blame, cause even we do have someone to blame, there's barely ever any point in it. What really is important is not the person that makes a certain financial move, but how the move itself influences a company or even the entire industry.

No bearing whatsoever? Games are financed by these people. If they want, they can make take-two into a casual trash churner just for the money. If gamespot didnt report on this, we wont know who to blame.

@Col-Struckin - Boring? This is how the game industry thrives. Investors, buyouts, trades - it all leads to new companies and funding for the games you play. You can't truly appreciate a hamburger until you've slaughtered your own cow. Just sitting there clueless about the industry base, you really take your entertainment for granted. It's not as easy as you may think.

boring

And we all know how well blockbuster is doing........ Bye bye TT.

Icahn isn't the kind of guy who flips companies. He's going to stick with it until it either turns an even bigger profit or the stockholders kick him out. A good thing for take two.

HiroArka: because it´s the new entertainment medium.. hollywood lost to videogames, and now it´s the coolest thing to invest in.. more than any other tech stocks

Yawn.....

I bet Carl Icahn will sell to Activision. Hell, I wouldn't be surprised if Activision set him up to do it.

I just hope this speeds up the reveal of the next GTA.

"Mikethechimp Posted Dec 19, 2009 8:03 pm PT Why is the video gaming industry these days so emphasized on $$$?" Because without money they can't pay their staff or the bills of their establishment. It cost some serious dollars and cents to run a business.

I was going to buy 15% of shares but decided to play Tetris on the original NIntendo.

Yeah man, you buy that 11%

i just bought some shares in take 2, this is great news

revolt? what are talking about? revolt?

Monday is good!

I would do that to get games early :P

Because the world revolves around MONEY!!!!

bigggg moooooooooney

wow well take-two isnt earning much as of late...either he know somthin we dont or he luvs video games alot...somehow the latter strikes me out of character.

its all about the MONEY!!!