InterestingThe latest SEC filing from Take-Two has some interesting numbers.
Specifically, someone's just unloaded THREE MILLION shares of stock. True, there are seventy-two million shares outstanding, but that is still a huge transaction, worth over fifty-seven million dollars.
Who did this? If I'm understanding the SEC filing correctly, it's by entities who own more than 10% of the company. Here's how they're identified in the footnotes:
--Glenview Capital Partners, L.P, a Delaware limited partnership
--Glenview Capital Master Fund, Ltd., a Cayman Islands exempted company
--Glenview Institutional Partners, L.P., a Delaware limited partnership
--GCM Little Arbor Master Fund, Ltd., a Cayman Islands exempted company
--GCM Little Arbor Institutional Partners, L.P., a Delaware limited partnership
Those sound like many flavors of the same ice cream, but I'm not sure how it all breaks out. Transactions of that size, though, often signal that something is afoot.