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Citadel Investment grows Take-Two stake

Now owns around 6 per cent of the total shares outstanding

It seems gamers aren't the only ones interested in Grand Theft Auto V; the Citadel Investment Group has increased its stake in Take-Two Interactive by over 2 million shares.

The group, owned by Chicago billionaire Ken Griffin, now owns 5.5 million shares, around 6 per cent of the total shares outstanding. That's up from the 3 million shares it owned in October.

There's been a flurry of investment activity around the company in recent months, almost certainly due to its upcoming mega-release, but leading to the annual and so far unfounded rumours of a possible acquisition. In November last year another billionaire, Carl Icahn, upped his stake in the company to 10.7 per cent.

GTA V is due for release this year, with a recent Amazon email to consumers suggesting it could be shipping as soon as March 26.

Rachel Weber avatar

Rachel Weber

Senior Editor

Rachel Weber has been with GamesIndustry since 2011 and specialises in news-writing and investigative journalism. She has more than five years of consumer experience, having previously worked for Future Publishing in the UK.