Take-Two sued by shareholder
Published on
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