Stock in Activision rose by nearly 19 per cent across the past week, since Sunday's shock announcement that it had agreed a deal to merge with Vivendi Games.
Following last week's general market decline, the subsequent optimism surrounding strong retail performances in both the US and Japan have seen gaming shares fare rather better across the board.
rauss Zelnick, chairman of Take-Two Interactive since a shareholders' revolt in March, has scotched claims that he might sell the company, instead stating that he's looking for growth in the next five to seven years.
The BBFC has accepted there is no proven link between anti-social behaviour and violent videogames - but said more research is required to conclusively rule any connection out
Grand Theft Auto publisher Take-Two has expanded its credit facility from USD 100 million to USD 140 million, with USD 25 million available for the UK business.
Take-Two chairman Strauss Zelnick has clarified that Grand Theft Auto IV will still release in the company's second fiscal quarter - between February and April 2008.
Strauss Zelnick, chairman of Take 2, has refused to narrow down a release period for Grand Theft Auto IV, saying the publisher won't commit until it's "utterly convinced" the game is ready.
US attorney Jack Thompson, famous for his anti-games stance and attributing a number of violent events to videogames influence, has written to Take-Two demanding a section of Grand Theft Auto IV be deleted.
Irrational Games, the company developing much-anticipated action title BioShock, has renamed its offices in-line with the branding of its parent company, Take-Two Interactive Software.
Shamed American football athlete OJ Simpson has had his fees for Take Two's All-Pro Football 2K8 seized in order to satisfy an outstanding judgement for wrongful death
Analyst Michael Pachter believes Rockstar has delayed the release of Grand Theft Auto IV because it is struggling with development on the PlayStation 3.