(Reuters) - The investor group includes OppenheimerFunds Inc., Take-Two's largest institutional shareholder, D. E. Shaw Valence Portfolios and S.A.C. Capital Management.
If successful, the group plans to tap Strauss Zelnick, a former CEO of BMG Entertainment to be nonexecutive chairman. He would then boot out Chief Executive Paul Eibeler and consider replacing Chief Financial Officer Karl Winters.
Read more at Reuters.com Business News
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