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Take-Two sued by shareholder

April 17th, 2008 @ 19:16

Kotaku reports that a Take-Two shareholder is suing the company after it rejected a bid from EA last month.

The claimant, Patrick Solomon feels that Take-Two’s execs are just holding out for money. So cynical.

The lawsuit is centred around the February 15 decision to increase ZelnickMedia’s management fees and bonuses to $16.5 million, from $3.8 million, in the event the company were sold.

By Mike Bowden


Posted in: Legalities, Take-Two, Trade
Tags: ,

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One comment on “Take-Two sued by shareholder”

  1. So they planned this all along? Those bastards!

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