{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-24-083524","form_type":"8-K","ticker":"TTWO","cik":"0000946581","company_name":"TAKE TWO INTERACTIVE SOFTWARE INC","filed_at":"2024-04-01T23:59:59+00:00","discovered_at":"2026-05-14T18:03:22.575505+00:00","generated_at":"2026-06-04T05:09:30.288306+00:00","sec_items":["1.01","3.02","9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Take-Two acquires Gearbox Entertainment for $460M in stock; closing by Sept. 2024","bullets":["Base purchase price of $460 million paid in newly issued TTWO common stock, valued at 5-day VWAP before closing.","Gearbox is a game developer (Borderlands) acquired from Embracer Group AB.","Closing subject to HSR Act and other regulatory clearances; outside date of September 27, 2024.","Buyer Sub (Groundhog 2, LLC) will purchase 100% of Gearbox shares; Seller is Gearbox Entertainment Company Holding AB.","Shares to be issued in reliance on Section 4(a)(2) exemption; not initially registered."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-24-083524","json":"https://secwatch.observer/filing/0001193125-24-083524.json","markdown":"https://secwatch.observer/filing/0001193125-24-083524.md","text":"https://secwatch.observer/filing/0001193125-24-083524.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/946581/000119312524083524/0001193125-24-083524-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/946581/000119312524083524/d817256d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-04T05:09:30.288306+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"28dae631b9ec91634e1e271ce08f8731ee19ffd3","claim":"TAKE TWO INTERACTIVE SOFTWARE INC entered into Share Purchase Agreement with Gearbox Entertainment Company Holding AB valued at $460 million (effective 2024-03-27).","evidence_excerpt":"On March 27, 2024, Take-Two Interactive Software, Inc., a Delaware corporation (the “ Company ”), entered into a Share Purchase Agreement (the “ Purchase Agreement ”) with Gearbox Entertainment Company Holding AB, a company organized under the laws of Sweden (“ Gearbox Seller ”), Embracer Group AB, a company organized under the laws of Sweden (“ Gearbox Parent ”) and Groundhog 2, LLC, a Delaware limited liability company and indirect wholly owned subsidiary of the Company (“ Buyer Sub ”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/946581/000119312524083524/0001193125-24-083524-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"asset purchase"},{"label":"Counterparty","value":"Gearbox Entertainment Company Holding AB"},{"label":"Value","value":"$460 million"},{"label":"Effective","value":"2024-03-27"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}