Take-Two Interactive Software Inc. has announced a proposed public offering of $1 billion in shares of its common stock. The offering, which will be sold entirely by the company, includes an option for underwriters to purchase up to an additional $150 million in shares. The proceeds from the sale are intended for general corporate purposes, including potential debt repayment and future acquisitions. The offering is being led by J.P. Morgan Securities LLC and Goldman Sachs & Co. LLC.
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