Large Take-Two Investors Group, To Nominate 6 to Board
By GeoffGannon on Wed, 2007-03-07 11:04
(via 13dtracker.blogspot.com)
Story from 13D tracker. Investor group will name six to board, reduce board from 9 to 6. Group made up of: "OppenheimerFunds disclosed a 24.5% stake, D. E. Shaw a 9% stake, SAC Capital a 7.8% stake and Tudor a 4.8% stake." That's quite a combined stake! Anyway, I'm sure the media won't be able to resist the rhyming headline: "A Coup at Take Two"
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Good find!
It seems like all the activist investors are out in full force this week. I'm having trouble keeping up with everything. Thankfully, the members of Value Investing News are doing a good job at filling me in on what important events are occurring.