Take-Two Selling 'Jack of All Games' Distribution Unit, Lowers Guidance (Yet Again)

That was quick. Less than a week after Carl Icahn upped his stake in Take-Two Interactive (NSDQ: TTWO), comes news that the company is selling off its physical games distribution business, Jack of All Games. Serendipitous timing? Perhaps. But it will only add fuel to the chatter about whether Icahn intends to help whip Take-Two into financial shape by any means necessary. The game publisher is selling Jack of All Games to IT and tech...

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