27 May '11, 3pm

Activist Icahn cuts stake in Take-Two Interactive:

Activist Icahn cuts stake in Take-Two Interactive Companies: Electronic Arts Inc. Take-Two Interactive Software Inc. Yahoo! Inc. Related Quotes Symbol Price Change ERTS 23.90 +0.33 TTWO 16.39 -0.37 YHOO 16.02 +0.04 Follow these stocks {"s" : "erts,ttwo,yhoo","k" : "a00,a50,b00,b60,c10,g00,h00,l10,p20,t10,v00","o" : "","j" : ""} On Friday 27 May 2011, 23:19 SGT By Liana B. Baker NEW YORK (Reuters) - Activist investor Carl Icahn cut his stake in video game publisher Take-Two Interactive Software Inc, sending its shares down as the move dampened hopes for a quick company takeover. Icahn reported an 8.43 percent share stake in Take-Two Interactive as of May 26, according to a Friday regulatory filing. This is down from the 13.7 percent stake he reported on March 19, 2010. The 75-year-old billionaire investor has pushed for changes at companies such as Genzyme and Yahoo Inc. Hi...

Full article: http://sg.finance.yahoo.com/news/Activist-Icahn-cuts-stak...

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