Investors Increase Their Shares In Take-Two As GTA V Release Approaches

By   /   Jan 5, 2013


Take-Two’s share prices climb as the release of Grand Theft Auto V draws nearer.

Two major investment firms, Citadel Investment Group and Carl Icahn have increased their shares in Take-Two in anticipation of the next installment in the GTA series.

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The Citadel Investment Group now owns about 6% of the company while the Carl Icahn Investment Group has revealed to now own 8.7 million shares of the company. The release date for GTA V is still unknown. Take-Two has mentioned a Spring release for EU and US this year. The web however speculates a release in March.

GTA V will release for the PS3 and Xbox 360 only. A PC edition is still being considered and may or may not follow on a later date.

Since August, Take-Two’s share price has climbed from $7.82 to $11.88.