Take-two interactive software, inc. to acquire the gearbox entertainment company inc., developer of highly successful borderlands franchise

New york--(business wire)--take-two interactive software, inc. (nasdaq:ttwo), one of the largest interactive entertainment companies in the world, announced that it has entered into a definitive agreement with embracer group to acquire the gearbox entertainment company, an award-winning creator of industry-defining entertainment experiences, for $460 million. the consideration consists entirely of newly issued shares of take-two common stock. the number of take-two shares will be calculated by.
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