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Take-Two expands credit to $140 million

Grand Theft Auto publisher Take-Two has expanded its credit facility from USD 100 million to USD 140 million, with USD 25 million available for the UK business.

The credit will be used to get the publisher through the coming Christmas season and into the new year, and lenders once again include Wells Fargo Foothill and Citigroup.

"Our credit facility will support our periodic working capital needs during the busy holiday season and beyond," commented Ben Feder, CEO of Take-Two.

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gamesindustry.biz
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donscrillinger3351d ago

hopefully they'll be able to get the nfl deal back for 2k fooball.plz video game godz help us out