Take-Two Interactive Announces $1 Billion Public Offering of Common Stock to Fund Growth Initiatives

Reuters
05-21
Take-Two Interactive Announces $1 Billion Public Offering of Common Stock to Fund Growth Initiatives

Take-Two Interactive Software Inc. has announced a proposed public offering of $1 billion in shares of its common stock. The offering, which will be sold entirely by the company, includes an option for underwriters to purchase up to an additional $150 million in shares. The proceeds from the sale are intended for general corporate purposes, including potential debt repayment and future acquisitions. The offering is being led by J.P. Morgan Securities LLC and Goldman Sachs & Co. LLC.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Take-Two Interactive Software Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20250520220524) on May 20, 2025, and is solely responsible for the information contained therein.

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