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Rap Sheet

Author:

Mahyar Hashemi

Subject:

Management

Date:

07/22/09 at 1:26 AM CDT

 

 

READ: 103

RPLY: 0

0

0

RECS:0

Sentiment:

Strong Buy

Reply to:

MSG`#421,`07/20/09
By Perry Rod

 

Re: Strauss Zelnick: Take Two's Chairman From Hell

Investment Blog Bashes Take-Two Boss Zelnick

July 21, 2009

Take-Two chairman Strauss Zelnick has absorbed something of a beatdown from investor-oriented website Market Rap.

In an article titled No Regrets, No Responsibility, Zelnick is taken to task for what Market Rap writer Perry Rod views as a string of leadership failures on his part. Most egregious among these would appear to be Zelnick's spurning EA's $25.74 per share acquisition bid in 2008. Take-Two stock (TTWO) currently trades at 8.58 and has dipped under 6 during the current recession.

 

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