Take-Two Loses Billions in Market Value Following GTA VI Leak Reports
Take-Two Interactive lost roughly $2.8 billion in market value after reports of new GTA VI leaks fueled investor concerns ahead of the game’s release.
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Take-Two Interactive lost roughly $2.8 billion in market value after reports of new GTA VI leaks fueled investor concerns ahead of the game’s release.
A Saudi-led investor consortium has completed its $55 billion acquisition of Electronic Arts, taking the gaming giant private in one of the largest deals in video game industry history.
Take-Two confirmed GTA VI will launch at $79.99, while a premium edition will be priced at $99.99 ahead of preorders opening June 25.
Electronic Arts Inc. is a global video-game publisher and interactive entertainment company. Its portfolio includes EA Sports FC, Madden NFL, Battlefield, The Sims, Apex Legends, and other franchises distributed across consoles, personal computers, and mobile devices.
Electronic Arts shareholders have approved a $55 billion takeover by Saudi Arabia’s sovereign wealth fund, marking one of the largest deals in gaming history and deepening the kingdom’s push into global entertainment.