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After 5 Months Of "Talks" Between GTA Publisher Take-Two And EA, As well As Other Interested Parties, Take-Two Today Announced They completed Their "Review Of Strategic Alternatives" And Will Stay Independent. GTA Fans Have To Big Changes To Fear.
CEO Ben Felder:
"Take-Two's Recent Performance Demonstrates Our Potential To Create Value For The Long Term. We Have Delivered Solid Financial Results And Expanded Our Portfolio Of Leading Titles, Which Includes The Powerful Grand Theft Auto Franchise, As Well As Fifteen Other Wholly Owned Brands With Sales Of More Than One Million Units Each. Our Strong Cash Position – With No Debt And An Undrawn 140 Million Dollars Credit Facility – Gives Us The Financial Flexibility To Continue To Do What We Do Best: Innovate And Create The Great Games That Our Customers Have Come To Expect."
