Take-Two posts larger 4Q loss on higher charges

Friday, December 18, 2009 - 08:07 in Mathematics & Economics

(AP) -- Charges and expenses outweighed higher sales and drove video game publisher Take-Two Interactive Software Inc. to post a wider fourth-quarter loss on Thursday, as billionaire activist investor Carl Icahn reported taking a more than 11 percent stake in the company and said he may seek talks with management.

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