Further Evidence Take Two Interactive Is Looking to Invest in Growth
Take-Two Interactive (NASDAQ: TTWO) competes in a massive and growing gaming industry. In an attempt to capture a larger share of the lucrative market, Take-Two is investing in growth.
The company is spending to attract talent and recently paid a hefty sum to acquire mobile-gaming company Zynga. To fund its ambitious growth plans, the company tapped the bond markets to borrow $2.7 billion.
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Source Fool.com
