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Take-Two Interactive Receives Nasdaq Delisting Notice

Authored by Mark Hefflinger on September 22, 2006 - 11:18am.
New York - Take-Two Interactive, a publisher of video games including the "Grand Theft Auto" franchise, announced on Friday that it has received notice from the Nasdaq that its shares are in danger of being delisted from the exchange, for failure to submit its third quarter earnings report. The company said it has delayed filing the report until it receives the results of an internal investigation into its stock options granting practices. The SEC questioned Take-Two about its options granting practices in July, and has made similar inquiries with fellow publishers Electronic Arts, THQ and Activision.
http://biz.yahoo.com/bw/060921/20060921005835.html?.v=1
http://www.take2games.com

tags: Games | Investing | Take-Two | Nasdaq | Stocks | Delistings |

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