New ‘Grand Theft Auto’ Jacks Take-Two Stock

Shares of Take-Two Interactive Software surged Tuesday as the company confirmed the long-rumored next installment in its hit “Grand Theft Auto” series is on the way.

The logo for “Grand Theft Auto V” festooned the Website of Rockstar Games, the developer of the series, teasing a Nov. 2 release for the first trailer for the game. And despite the lack of a release date, plot information or any other details about the title, the publisher’s stock was up nearly 7 percent in midday trading.

Read more at CNBC.com

Start your engines, GTA V is coming

Ending months of speculation, Take-Two Interactive Software and Rockstar Games have finally confirmed that ”Grand Theft Auto V” is on the way.

The developer teased the game on its website Tuesday, announcing it would release a trailer for the game on Nov. 2.

Read more at Daily Variety

Analysis: Does A Take-Two Takeover Make Sense?

[Gamasutra editor-at-large Chris Morris discusses whether Take-Two Interactive would benefit from an acquisition at the moment, noting that anyone looking to buy will most likely “have to pony up a boatload of cash.”]

Here we go again.

With earnings becoming more dependable, another GTA game lurking in the shadows and key talent locked in for the next few years, it was only natural that talk of a Take-Two acquisition would resume. But today’s Take-Two isn’t the same company it was when EA came knocking on the door. And the takeover that once seemed a foregone conclusion in the gaming world is now a lot less certain.

Read more at Gamasutra