Is Take-Two Interactive's $460 Million Bet a Likely Win for Investors?
TTWOTake-Two Interactive Software(TTWO) The Motley Fool·2024-05-06 16:15

Discover how Take-Two's buyout of Gearbox could boost its market edge. The strategic $460 million acquisition of Gearbox Entertainment by Take-Two Interactive (TTWO 1.96%) appears to be a bold play to bolster its video gaming reach. Take Two has more than 20 years of successful publishing partnerships with Gearbox, and this move brings high-profile franchises like Borderlands in house as part of Take-Two's expansive portfolio. Let's look into whether or not this acquisition can further solidify its position ...