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Take Two Chairman: "We are reporting good results"

By Perry Rod, Published: October 18th, 2010 10:23 AM CDT

This morning on Bloomberg Television's "InsideTrack," Strauss Zelnick, Chairman of Take Two Interactive Software, Inc. (TTWO) seemed to suggest that Take Two performed well in the month of September, which is Take Two's second month of its unreported fourth quarter.

“The September reports were that business is down about 8% - not very exciting – and yet we are reporting good results,” said Mr. Zelnick.

Activist investor and Take Two insider Carl Icahn acquired 445,000 shares in the month of September, bringing his total to over 12 million shares.  The company is scheduled to report earnings in early December.

Related: TTWO

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