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.