In the announcement, Take-Two CEO Ben Feder indicated that the company will continue to work with Jack of All Games after the sale. Though at first this move would seem to be aimed at bringing money in during a period of disappointing performance, the company also reduced its forecasted first-quarter revenues, since it can no longer count money being brought in by Jack of All Games.
Posted on Jul 23rd 2014 9:00AM
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Posted on Jul 22nd 2014 12:00PM