Take-Two (TTWO) Sees Selling Pressure Ahead of Qtr Results
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Take-Two Interactive Software Inc. (Nasdaq: TTWO) is down 5% in mid-day action, but off the lows. We have not seen any news to explain the move, but the company is expected to report earnings tomorrow (9/4) and some could be speculating on a update related to the Electronic Arts (Nasdaq: ERTS) bid.
The last official word was that Take-Two and EA entered into a confidentiality agreement after EA let its tender offer expire after Take-Two rejected the $26 offer.
The last official word was that Take-Two and EA entered into a confidentiality agreement after EA let its tender offer expire after Take-Two rejected the $26 offer.
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