Saturday, 18 April 2015
Last updated 5 hours ago
Nov 26 2013 | 11:15am ET
Take-Two Interactive Software has rid itself of one turbulent shareholder.
The videogame company said today that it was buying out Carl Icahn, who owned a 12.9% stake. At yesterday's closing price, that amounts to an 81% gain on the investment, which Icahn made in 2010.
In exchange for the $203.5 million, Icahn's three representatives to Take-Two's board, including his son Brett, have resigned. That was part of the deal Icahn struck with Take-Two four years ago.
Take-Two is best known for its "Grand Theft Auto" franchise.
Mar 20 2015 | 12:45pm ET
StreetWise Partners, a non-profit organization that works with low-income individuals to help them overcome employment barriers, raised over $275,000 at the 2015 Raising the Ante Charity Poker Tournament and Casino Event last Wednesday evening at Capitale. Here are some photos from the event. Read more…