Grand Theft Auto V
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GTA V publisher gives corporate raider Carl Icahn truckloads of cash to go away

  • Posted byby Jeff Grubb
  • Updated
  • 2 min

Publisher Take-Two wants to wrangle up as many of its own shares as it can. As part of that process, the company announced a major stock repurchase that it completed this morning with Icahn Group.

Carl Icahn giving the universal facial expression for "trying too hard to be cool."
Carl Icahn giving the universal facial expression for “trying too hard to be cool.”

Take-Two revealed that it acquired 12.02 million shares previously held by Carl Icahn’s investment firm. The Grand Theft Auto V publisher bought the stock at yesterday’s closing price of $16.93. The deal will cost Take-Two $203.5 million.

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