Take-Two AGM: Shareholders re-elect board until 2009

By Patrick Garratt, Friday, 18 April 2008 06:09 GMT

Shareholders at Take-Two’s AGM in New York last night voted to keep the current board in place until 2009, the company has announced. Confirmation that Strauss Zelnick and the rest of the chief execs would be in place until this time next year was not announced at the meeting, apparently, which, by all accounts, seemed rushed and dull. There wasn’t even any swearing.

“Today’s vote demonstrates stockholders’ confidence in management and the Board of Directors of Take-Two,” said Zelnick. “The Board and management remain committed to acting in the best interests of stockholders. We are confident in the significant growth potential of Take-Two and in the unique value of our business given our strong position in this dynamic industry.”

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