A Take-Two shareholder is suing the company, claiming that the board's rejection of an an undisclosed acquisition offer from EA was motivated by a desire to increase what its executives would be paid if the company were sold.

The lawsuit was filed by Prickett, Jones & Elliott on behalf of Take-Two shareholder Patrick Solomon on Friday in Delaware Chancery Court and names Take-Two Executive Chairman Strauss Zelnick and Chief Executive Benjamin Feder, who are partners of investment company ZelnickMedia.

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