Take-Two spent $11 million preventing EA takeover

Grand Theft Auto 5?

I still think they'll get a lot of GOTY awards for GTA4 as well, so if they can find anyone out there who doesn't already own the game after those awards are doled out, they should be good.

World of Grand Theft Auto?

Shit, hope Strauss Zelnick's not reading this.

Game stocks are like movie stocks: blockbusters don't make your stock go up, systemic success does.

Technically yes, but you have to figure how much EA spent during the same time period. I would wager it was more than the $11M that Take-Two is reporting to the SEC.

I'm twenty three and was just going to ask the same thing. I think maybe it has to do with preventing EA from buying a majority of their stock? Correct us if we're wrong, Joystiq!

Management of a company is different to the owners of a company. The owners are the shareholders, and management runs the company on the shareholders' behalf.

Another company may offer to buy the shares of a company (i.e. a takeover, otherwise known as Merger or Acquisition), and will offer say $25 per share to shareholders; the shareholders then vote to accept the offer, if a certain threshold is passed the offer is accepted and all shares are sold.

Management typically don't like the sound of this, because they could lose their jobs, so they fight the take-over and prevent the owners of the company from selling it. Take-Two's management did this to the tune of $11-million.

Definitely. Because Rock Band 2, Dead Space, and Burnout Paradise have just be HORRID this year.

Even EA's middle of the road titles like Mercs 2, Army of Two and Mirror's Edge were solid and highly playable if flawed.