5% Of Take Two Gone

SAC Capital, a hedge fund company has confirmed that it now owns 5.3% of Take Two, Rockstar’s parent company.

This will be a little bit of a blow to EA who have been trying to bull their way to a buy out, extending their $2b takeover bid to July 18.

SEC said that they had 4.1 million shares, worth around $108m, that’s £54m.

That’s all really, we thought you might like to know.