New York - The chief operating officer at video game publisher Take-Two Interactive (NASD: TTWO), Gary Dale, resigned from his post this week. The company did not provide a reason for the departure of Dale, who previously served in the same position at Take-Two's Rockstar Games, developer of the popular "Grand Theft Auto" franchise.

New York - Video game publisher Take-Two Interactive (NASD: TTWO) announced that it has signed new employment agreements with the senior creative talent at its Rockstar Games label, which develops the top-selling "Grand Theft Auto" franchise. The new agreements run through 2012. Take-Two added that it has agreed to fund the future development of new titles to be owned by a new company controlled by key Rockstar team members, which will be exclusively published by Take-Two.

New York - Video game publisher Take-Two Interactive (NASD: TTWO) announced on Thursday that, following talks with a number of suitors over the last several months, and in the wake of a failed $2 billion takeover bid from rival Electronic Arts (NASD: ERTS), it will remain an independent company.

Los Angeles - A number of retired NFL players have filed a lawsuit claiming that the NFL Players, Inc. and game publisher Electronic Arts (NASD: ERTS) conspired to deprive them of fees from the use of their likenesses in the wildly popular "Madden NFL" game franchise, GamePolitics reported.

Miami, Fla. - The Florida Supreme Court this week permanently disbarred Miami attorney Jack Thompson, a vocal critic of violence in video games who had specifically targeted Take-Two Interactive (NASD: TTWO) and its "Grand Theft Auto" franchise.

Redwood City, Calif. - Video game publisher Electronic Arts (NASD: ERTS) announced on Sunday that it has terminated its discussions with "Grand Theft Auto" creators Take-Two Interactive (NASD: TTWO) on a possible $2 billion takeover of the company. Shares of Take-Two, which had repeatedly rejected EA's bid as undervaluing the company, were down nearly 22% on Monday afternoon from their closing price on Friday.

Washington - The Federal Trade Commission (FTC) has indicated that it would not challenge a combination of video game publishers Electronic Arts (NASD: ERTS) and Take-Two Interactive (NASD: TTWO), Reuters reported.

Redwood City, Calif. - Video game publisher Electronic Arts (NASD: ERTS) said on Monday that it will let its offer of $25.74 per share to acquire rival Take-Two Interactive (NASD: TTWO) to expire at midnight tonight. "Given the passage of time, we have to validate the assumptions used in the model to support our offer price of $25.74 per share in cash. In addition, we no longer believe we can integrate Take-Two ahead of the important holiday season," EA CEO John Riccitiello wrote in an open letter to Take-Two chairman Strauss Zelnick.