Zelnick on Take Two buyout: “We enjoy being an independent company”

By Johnny Cullen, Tuesday, 14 June 2011 10:33 GMT

Take Two CEO Strauss Zelnick has addressed rumours of any impending acquisition offers following the company’s recent massive success, saying it likes being independent.

“I’m proud of what we’ve delivered,” Zelnick told Gamasutra. “I’m proud of the value we’ve created for shareholders in the past few years. I’m proud the team has had precious few missteps.

“But, we’re there for the shareholders. All public companies are potentially available. Every time something has come up we’ve considered it. All that said, we enjoy being an independent company.”

Despite the predicted buyout from analysts, Take Two has seen itself in the recent past post a profit, something that was not possible without a major release of a Grand Theft Auto title. This is mostly due in part to the success of Red Dead Redemption and NBA 2K11.

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