[STEAM] Take-Two has sold its indie label Private Division

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Take-Two has sold its indie publishing label Private Division.

It announced the move alongside its second quarter earnings results on Wednesday, but it didn’t disclose who the studio was sold to or for how much.

“We recently made the strategic decision to sell our Private Division label so we could focus our resources on growing our core businesses for the long term,” Take-Two CEO Strauss Zelnick told

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. “So as part of that transaction, the buyer purchased substantially all of Private Division’s existing and unreleased titles.

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