Take-Two Shares Fall as Video-Game Maker Preps $1B Stock Sale (TTWO)
Take-Two Interactive Software Inc. shares fell as much as 5% in extended trading after the company announced plans to sell $1 billion of new stock to investors.The New York-based video-game maker plans to use the proceeds for general corporate purposes, including repayment of debt and future acquisitions, according to a statementBloomberg Terminal Tuesday. The company declined to comment further on the sale....
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