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'Grand Theft Auto' pays at Take-Two


June 05, 2008 Everyone should already know that "Grand Theft Auto IV" is a hot-selling video game, but Take-Two Interactive Software CEO Ben Feder said Thursday that April sales of the product "single-handedly propped up the U.K. economy." Feder also said that "GTA IV" set a Guinness world record for the most sales of an entertainment product in a 24-hour period. All that boasting about "GTA IV" was to be expected as Take-Two has been spurning an offer from Electronic Arts to acquire it for $2 billion on the grounds that its "GTA" franchise is being undervalued.

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