Thu, Jun 26, 2008 | 06:32 BST

Fund takes 5.3 percent stake in Take-Two

According to this AP piece, a group of funds controlled by financier Steven Cohen has taken a 5.3 percent stake in Take-Two, revealed by an SEC filing yesterday.

He move had nothing to do with influencing the ownership of the publisher, Cohen said, and it thought to have cost aroun $107 million.

More through the link.

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