SC 13D 1 efc6-0995_5845239fmsc13d.txt UNITED STATES SECURITIES EXCHANGE COMMISSION Washington, D.C. 20549 ------------------------------------------------------------------------------- SCHEDULE 13D Under the Securities Exchange Act of 1934 (Amendment No. )* TAKE-TWO INTERACTIVE SOFTWARE, INC. ----------------------------------- (Name of Issuer) Common Stock, $.01 par value per share -------------------------------------------- (Title of Class of Securities) 874054109 ------------------- (CUSIP Number) Mark Horowitz General Counsel Glenview Capital Management, LLC 399 Park Avenue New York, New York 10022 (212) 812-4700 ------------------------- (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) March 8, 2006 ------------------------- (Date of Event which Requires Filing of this Statement) If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this statement because of ss.ss.240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box. [ X ] Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See ss.240.13d-7 for other parties to whom copies are to be sent. * The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). Continued on following pages Page 1 of 16 Pages Exhibit Index: Page 15 SCHEDULE 13D CUSIP No.: 874054109 Page 2 of 16 Pages ................................................................................ 1. Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only). GLENVIEW CAPITAL MANAGEMENT, LLC ................................................................................ 2. Check the Appropriate Box if a Member of a Group (See Instructions) (a) |_| (b) |_| ................................................................................ 3. SEC Use Only ................................................................................ 4. Source of Funds (See Instructions) WC ................................................................................ 5. Check if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e) [ ] ................................................................................ 6. Citizenship or Place of Organization Delaware ................................................................................ Number of 7. Sole Voting Power 7,883,372 Shares ................................................................. Beneficially 8. Shared Voting Power None Owned by Each ................................................................. Reporting 9. Sole Dispositive Power 7,883,372 Person With ................................................................. 10. Shared Dispositive Power None ................................................................................ 11. Aggregate Amount Beneficially Owned by Each Reporting Person 7,883,372 ................................................................................ 12. Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) |_| ................................................................................ 13. Percent of Class Represented by Amount in Row (11) 11% based on 71,478,926 shares outstanding as of February 22, 2006. ................................................................................ 14. Type of Reporting Person: OO SCHEDULE 13D CUSIP No.: 874054109 Page 3 of 16 Pages ................................................................................ 1. Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only). GLENVIEW CAPITAL GP, LLC ................................................................................ 2. Check the Appropriate Box if a Member of a Group (a) |_| (b) |_| ................................................................................ 3. SEC Use Only ................................................................................ 4. Source of Funds (See Instructions) WC ................................................................................ 5. Check if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e) [ ] ................................................................................ 6. Citizenship or Place of Organization Delaware ................................................................................ Number of 7. Sole Voting Power None Shares ................................................................. Beneficially 8. Shared Voting Power 7,883,372 Owned by Each ................................................................. Reporting 9. Sole Dispositive Power None Person With ................................................................. 10. Shared Dispositive Power 7,883,372 ................................................................................ 11. Aggregate Amount Beneficially Owned by Each Reporting Person 7,883,372 ................................................................................ 12. Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) |_| ................................................................................ 13. Percent of Class Represented by Amount in Row (11) 11% based on 71,478,926 shares outstanding as of February 22, 2006. ................................................................................ 14. Type of Reporting Person: OO SCHEDULE 13D CUSIP No.: 874054109 Page 4 of 16 Pages ................................................................................ 1. Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only). GLENVIEW CAPITAL MASTER FUND, LTD. ................................................................................ 2. Check the Appropriate Box if a Member of a Group (a) |_| (b) |_| ................................................................................ 3. SEC Use Only ................................................................................ 4. Source of Funds (See Instructions) WC ................................................................................ 5. Check if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e) [ ] ................................................................................ 6. Citizenship or Place of Organization Cayman Islands, British West Indies ................................................................................ Number of 7. Sole Voting Power None Shares ................................................................. Beneficially 8. Shared Voting Power 4,758,092 Owned by Each ................................................................. Reporting 9. Sole Dispositive Power None Person With ................................................................. 10. Shared Dispositive Power 4,758,092 ................................................................................ 11. Aggregate Amount Beneficially Owned by Each Reporting Person 4,758,092 ................................................................................ 12. Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) |X| ................................................................................ 13. Percent of Class Represented by Amount in Row (11) 6.7% based on 71,478,926 shares outstanding as of February 22, 2006. ................................................................................ 14. Type of Reporting Person: CO SCHEDULE 13D CUSIP No.: 874054109 Page 5 of 16 Pages ................................................................................ 1. Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only). LAWRENCE M. ROBBINS ................................................................................ 2. Check the Appropriate Box if a Member of a Group (a) |_| (b) |_| ................................................................................ 3. SEC Use Only ................................................................................ 4. Source of Funds (See Instructions) WC ................................................................................ 5. Check if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e) [ ] ................................................................................ 6. Citizenship or Place of Organization United States of America ................................................................................ Number of 7. Sole Voting Power None Shares ................................................................. Beneficially 8. Shared Voting Power 7,883,372 Owned by Each ................................................................. Reporting 9. Sole Dispositive Power None Person With ................................................................. 10. Shared Dispositive Power 7,883,372 ................................................................................ 11. Aggregate Amount Beneficially Owned by Each Reporting Person 7,883,372 ................................................................................ 12. Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) | | ................................................................................ 13. Percent of Class Represented by Amount in Row (11) 11% based on 71,478,926 shares outstanding as of February 22, 2006. ................................................................................ 14. Type of Reporting Person: IA Page 6 of 16 Pages This Statement on Schedule 13D relates to shares of common stock, $.01 par value per share (the "Shares"), of Take-Two Interactive Software, Inc., a Delaware corporation (the "Issuer"). Certain of the Shares reported herein were previously reported by the Reporting Persons on Schedule 13G, the last amendment of which was filed on February 22, 2006. Item 1 Security and Issuer This Statement relates to the Shares. The address of the principal executive office of the Issuer is 622 Broadway, New York, New York 10012. Item 2 Identity and Background This Statement is filed on behalf of each of the following persons (collectively, the "Reporting Persons"): i) Glenview Capital Management, LLC ("Glenview Capital Management"); ii) Glenview Capital GP, LLC ("Glenview Capital GP"); iii) Glenview Capital Master Fund, Ltd. ("Glenview Capital Master Fund"); and iv) Lawrence M. Robbins ("Mr. Robbins"). This Statement relates to the Shares held for the accounts of Glenview Capital Master Fund, Glenview Capital Partners, L.P., a Delaware limited partnership ("Glenview Capital Partners"), Glenview Institutional Partners, L.P., a Delaware limited partnership ("Glenview Institutional Partners"), GCM Little Arbor Master Fund, Ltd., a Cayman Islands exempted company ("GCM Little Arbor Master Fund"), GCM Little Arbor Institutional Partners, L.P., a Delaware limited partnership ("GCM Little Arbor Institutional Partners"), and GCM Little Arbor Partners, L.P., a Delaware limited partnership ("GCM Little Arbor Partners"). The Reporting Persons Glenview Capital Management is a Delaware limited liability company and its principal office is located at 399 Park Avenue, Floor 39, New York, New York 10022. The principal business of Glenview Capital Management is management of the investment activities of each of Glenview Capital Partners, Glenview Institutional Partners, Glenview Capital Master Fund, GCM Little Arbor Master Fund, GCM Little Arbor Institutional Partners and GCM Little Arbor Partners. Glenview Capital Management serves as investment manager to each of Glenview Capital Partners, Glenview Institutional Partners, Glenview Capital Master Fund, GCM Little Arbor Master Fund, GCM Little Arbor Institutional Partners and GCM Little Arbor Partners. In such capacity, Glenview Capital Management may be deemed to have voting and dispositive power over the Shares held for the accounts of each of Glenview Capital Partners, Glenview Institutional Partners, Glenview Capital Master Fund, GCM Little Arbor Master Fund, GCM Little Arbor Institutional Partners and GCM Little Arbor Partners. The Chief Executive Officer of Glenview Capital Management is Lawrence M. Robbins. Glenview Capital GP is a Delaware limited liability company and its principal office is located at 399 Park Avenue, Floor 39, New York, New York 10022. The principal business of Glenview Capital GP is to serve as the general partner of each of Glenview Capital Partners, Glenview Institutional Partners, Glenview Capital Master Fund, GCM Little Arbor Master Fund, GCM Little Arbor Institutional Partners and GCM Little Arbor Partners. Glenview Capital GP also serves as the sponsor of the Glenview Page 7 of 16 Pages Capital Master Fund and the GCM Little Arbor Master Fund. In such capacities, Glenview Capital GP may be deemed to have voting and dispositive power over the Shares held for the accounts of each of Glenview Capital Partners, Glenview Institutional Partners, Glenview Capital Master Fund, GCM Little Arbor Master Fund, GCM Little Arbor Institutional Partners and GCM Little Arbor Partners. The managing member and Chief Executive Officer of Glenview Capital GP is Lawrence M. Robbins. Glenview Capital Master Fund is a Cayman Islands exempted company and the address of its principal business office is Harbour Centre, North Church Street, P.O. Box 8966T, George Town, Grand Cayman, Cayman Islands, British West Indies. The principal business of Glenview Capital Master Fund is to serve as an investment fund under the direction of its investment manager, Glenview Capital Management. The sponsor of the Glenview Capital Master Fund is Glenview Capital GP. In such capacities, Glenview Capital Management and Glenview Capital GP may be deemed to have voting and dispositive power over the Shares held for the account of Glenview Capital Master Fund. The Chief Executive Officer of Glenview Capital Management and Glenview Capital GP is Mr. Robbins. The principal occupation of Mr. Robbins, a United States citizen, is the direction of the activities of Glenview Capital Management and Glenview Capital GP, which is carried out in his capacity as Chief Executive Officer of Glenview Capital Management and Glenview Capital GP at Glenview Capital Management's principal office address. During the past five years, none of the Reporting Persons and, to the best of the Reporting Persons' knowledge, no other person identified in response to this Item 2 has been (a) convicted in a criminal proceeding or (b) a party to any civil proceeding as a result of which it has been subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws, or finding any violation with respect to such laws. Item 3. Source and Amount of Funds or Other Consideration. Since January 5, 2006 (60 days prior to the date hereto), all Shares acquired by the Reporting Persons were acquired for the accounts of Glenview Capital Partners, Glenview Institutional Partners, Glenview Capital Master Fund, GCM Little Arbor Master Fund, GCM Little Arbor Institutional Partners, and GCM Little Arbor Partners. The source of funds for the these acquisitions was the working capital of these accounts. The total purchase price paid by the Reporting Persons for the acquisitions was approximately $115,195,224.43. Neither Mr. Robbins, Glenview Capital Management nor Glenview Capital GP directly own any Shares. As disclosed herein, however, Glenview Capital Master Fund may be deemed to beneficially own 4,758,092 Shares. The securities held for the accounts of Glenview Capital Partners, Glenview Institutional Partners, Glenview Capital Master Fund, GCM Little Arbor Master Fund, GCM Little Arbor Institutional Partners and GCM Little Arbor Partners may be held through margin accounts maintained with brokers, which extend margin credit as and when required to open or carry positions in their margin accounts, subject to applicable federal margin regulations, stock exchange rules and such firms' credit policies. The positions which may be held in the margin accounts, including the Shares, are pledged as collateral security for the repayment of debit balances in the respective accounts. Item 4. Purpose of Transaction, The Reporting Persons have acquired the Shares for investment purposes, and such purchases have been made in the Reporting Persons' ordinary course of business. The Reporting Persons intend to review their investment in the Issuer on a continuing basis and reserve the right to acquire, or cause to be acquired, additional securities of the Issuer, to dispose of, or cause to be disposed, such securities at any time, to the extent deemed advisable in light of general investment and trading policies of the Reporting Persons, market conditions or other factors. Although the acquisition of the Shares is for investment purposes, the Reporting Persons may pursue, either alone or with others, discussions with Page 8 of 16 Pages management or directors of the Issuer regarding alternatives to protect, grow, and ultimately realize long-term value for shareholders. Furthermore, consistent with its investment research methods and evaluation criteria, the Reporting Persons may discuss such other matters as the Reporting Persons deem appropriate with other shareholders, industry analysts, existing or potential strategic partners, acquirors or competitors, investment and financing professionals, sources of credit and other investors. None of the Reporting Persons currently has any plans or proposals which relate to, or could result in, any of the matters referred to in subsections (a) through (j) of Item 4 of Schedule 13D. The Reporting Persons reserve the right to formulate other purposes, plans or proposals regarding the Issuer or any of its securities. Item 5. Interest in Securities of the Issuer According to information filed by the Issuer with the Securities and Exchange Commission in its most recent amendment to the Issuer's annual report on Form 10-K, the number of Shares outstanding was 71,478,926 as of February 22, 2006. (a) (i) Each of Glenview Capital Management, Glenview Capital GP and Mr. Robbins may be deemed the beneficial owner of 7,883,372 Shares (approximately 11% of the total number of Shares outstanding). This amount consists of (A) 413,840 Shares held for the account of Glenview Capital Partners, (B) 4,758,092 Shares held for the account of Glenview Capital Master Fund, (C) 2,313,163 Shares held for the account of Glenview Institutional Partners, (D) 311,196 Shares held for the account of GCM Little Arbor Master Fund, (E) 81,858 Shares held for the account of GCM Little Arbor Institutional Partners, and (F) 5,223 Shares held for the account of GCM Little Arbor Partners. (ii) Glenview Capital Master Fund may be deemed to be the beneficial owner of the 4,758,092 Shares (approximately 6.7% of the total number of Shares outstanding), held for its account. (b) (i) Glenview Capital Management may be deemed to have sole power to direct the voting and disposition of the 7,883,372 Shares that it may be deemed to beneficially own as set forth above. (ii) Each of Glenview Capital GP and Mr. Robbins may be deemed to have shared power to direct the voting and disposition of the 7,883,372 Shares that each of Glenview Capital GP and Mr. Robbins may be deemed to beneficially own as set forth above. (iii) Glenview Capital Master Fund may be deemed to have shared power to direct the voting and disposition of the 4,758,092 Shares that it may be deemed to beneficially own as set forth above. (c) The trading dates, number of shares purchased and price per share (including commissions, if any) for all transactions by the Reporting Persons during the past 60 days are set forth in Annex A hereto. Page 9 of 16 Pages (d) Not applicable. (e) Not applicable. Item 6. Contracts, Arrangements, Understandings or Relationships with Respect to the Securities of the Issuer. Pursuant to Rule 13d-1(k) promulgated under the Exchange Act, the Reporting Persons have entered into a Joint Filing Agreement attached hereto as Exhibit A, with respect to the joint filing of the Schedule 13D and any amendment or amendments thereto. From time to time, each of the Reporting Persons may lend portfolio securities to brokers, banks or other financial institutions. These loans typically obligate the borrower to return the securities, or an equal amount of securities of the same class, to the lender and typically provide that the borrower is entitled to exercise voting rights and to retain dividends during the term of the loan. Item 7. Material to be filed as Exhibits. The Exhibit Index is incorporated herein by reference. Page 10 of 16 Pages SIGNATURE After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Date: March 8, 2006 GLENVIEW CAPITAL MANAGEMENT, LLC By: /s/ Lawrence M. Robbins ---------------------------------------- Name: Lawrence M. Robbins Title: Chief Executive Officer Date: March 8, 2006 GLENVIEW CAPITAL GP, LLC By: /s/ Lawrence M. Robbins ---------------------------------------- Name: Lawrence M. Robbins Title: Chief Executive Officer Date: March 8, 2006 GLENVIEW CAPITAL MASTER FUND, LTD. By: Glenview Capital Management, LLC As Investment Manager By: /s/ Lawrence M. Robbins ---------------------------------------- Name: Lawrence M. Robbins Title: Chief Executive Officer Date: March 8, 2006 LAWRENCE M. ROBBINS /s/ Lawrence M. Robbins ------------------------------------------- Page 11 of 16 Pages
ANNEX A RECENT TRANSACTIONS IN THE SECURITIES OF TAKE-TWO INTERACTIVE SOFTWARE, INC. A. Transactions for the account of Glenview Capital Master Fund, Ltd. in the past 60 days. ----------------------------- ----------------------------- ----------------------- ---------------------- Date of Transaction Nature of Transaction Number of Shares Price per Share ----------------------------- ----------------------------- ----------------------- ---------------------- 01/25/2006 BUY 266,193 $17.83 ----------------------------- ----------------------------- ----------------------- ---------------------- 01/26/2006 BUY 15,900 $17.40 ----------------------------- ----------------------------- ----------------------- ---------------------- 01/26/2006 BUY 203,300 $17.55 ----------------------------- ----------------------------- ----------------------- ---------------------- 01/26/2006 BUY 228,700 $17.41 ----------------------------- ----------------------------- ----------------------- ---------------------- 01/26/2006 BUY 268,835 $17.36 ----------------------------- ----------------------------- ----------------------- ---------------------- 01/26/2006 BUY 287,600 $17.33 ----------------------------- ----------------------------- ----------------------- ---------------------- 01/26/2006 BUY 334,300 $17.27 ----------------------------- ----------------------------- ----------------------- ---------------------- 01/27/2006 BUY 126,600 $14.40 ----------------------------- ----------------------------- ----------------------- ---------------------- 01/27/2006 BUY 127,000 $14.05 ----------------------------- ----------------------------- ----------------------- ---------------------- 01/27/2006 BUY 254,200 $14.25 ----------------------------- ----------------------------- ----------------------- ---------------------- 01/27/2006 BUY 254,700 $14.00 ----------------------------- ----------------------------- ----------------------- ---------------------- 01/27/2006 BUY 278,803 $14.52 ----------------------------- ----------------------------- ----------------------- ---------------------- 01/27/2006 BUY 635,400 $13.95 ----------------------------- ----------------------------- ----------------------- ---------------------- 01/30/2006 BUY 321,179 $15.73 ----------------------------- ----------------------------- ----------------------- ---------------------- 01/31/2006 BUY 453,762 $15.97 ----------------------------- ----------------------------- ----------------------- ---------------------- 02/01/2006 BUY 64,921 $15.47 ----------------------------- ----------------------------- ----------------------- ---------------------- 02/08/2006 BUY 2,600 $14.95 ----------------------------- ----------------------------- ----------------------- ---------------------- 02/08/2006 BUY 48,400 $14.93 ----------------------------- ----------------------------- ----------------------- ---------------------- 02/16/2006 BUY 700 $15.30 ----------------------------- ----------------------------- ----------------------- ---------------------- 02/16/2006 BUY 9,200 $15.67 ----------------------------- ----------------------------- ----------------------- ---------------------- 02/16/2006 BUY 26,500 $15.51 ----------------------------- ----------------------------- ----------------------- ---------------------- 02/16/2006 BUY 39,800 $15.67 ----------------------------- ----------------------------- ----------------------- ---------------------- 02/16/2006 BUY 59,800 $15.40 ----------------------------- ----------------------------- ----------------------- ---------------------- 02/16/2006 BUY 66,100 $15.52 ----------------------------- ----------------------------- ----------------------- ---------------------- 02/17/2006 BUY 13,200 $15.37 ----------------------------- ----------------------------- ----------------------- ---------------------- 02/17/2006 BUY 26,500 $15.75 ----------------------------- ----------------------------- ----------------------- ---------------------- 02/17/2006 BUY 27,195 $15.88 ----------------------------- ----------------------------- ----------------------- ---------------------- 02/17/2006 BUY 132,600 $15.64 ----------------------------- ----------------------------- ----------------------- ---------------------- Page 12 of 16 Pages B. Transactions for the account of Glenview Institutional Partners, L.P. in the past 60 days. ----------------------------- ----------------------------- ----------------------- ---------------------- Date of Transaction Nature of Transaction Number of Shares Price per Share ----------------------------- ----------------------------- ----------------------- ---------------------- 01/25/2006 BUY 128,200 $17.83 ----------------------------- ----------------------------- ----------------------- ---------------------- 01/26/2006 BUY 7,700 $17.40 ----------------------------- ----------------------------- ----------------------- ---------------------- 01/26/2006 BUY 99,000 $17.55 ----------------------------- ----------------------------- ----------------------- ---------------------- 01/26/2006 BUY 111,400 $17.41 ----------------------------- ----------------------------- ----------------------- ---------------------- 01/26/2006 BUY 129,400 $17.36 ----------------------------- ----------------------------- ----------------------- ---------------------- 01/26/2006 BUY 140,000 $17.33 ----------------------------- ----------------------------- ----------------------- ---------------------- 01/26/2006 BUY 162,700 $17.27 ----------------------------- ----------------------------- ----------------------- ---------------------- 01/27/2006 BUY 61,700 $14.40 ----------------------------- ----------------------------- ----------------------- ---------------------- 01/27/2006 BUY 61,900 $14.05 ----------------------------- ----------------------------- ----------------------- ---------------------- 01/27/2006 BUY 123,700 $14.25 ----------------------------- ----------------------------- ----------------------- ---------------------- 01/27/2006 BUY 123,900 $14.00 ----------------------------- ----------------------------- ----------------------- ---------------------- 01/27/2006 BUY 134,200 $14.52 ----------------------------- ----------------------------- ----------------------- ---------------------- 01/27/2006 BUY 309,300 $13.95 ----------------------------- ----------------------------- ----------------------- ---------------------- 01/30/2006 BUY 154,500 $15.73 ----------------------------- ----------------------------- ----------------------- ---------------------- 01/31/2006 BUY 218,400 $15.97 ----------------------------- ----------------------------- ----------------------- ---------------------- 02/01/2006 BUY 31,200 $15.47 ----------------------------- ----------------------------- ----------------------- ---------------------- 02/08/2006 BUY 1,200 $14.95 ----------------------------- ----------------------------- ----------------------- ---------------------- 02/08/2006 BUY 23,400 $14.93 ----------------------------- ----------------------------- ----------------------- ---------------------- 02/16/2006 BUY 300 $15.30 ----------------------------- ----------------------------- ----------------------- ---------------------- 02/16/2006 BUY 4,400 $15.67 ----------------------------- ----------------------------- ----------------------- ---------------------- 02/16/2006 BUY 12,800 $15.51 ----------------------------- ----------------------------- ----------------------- ---------------------- 02/16/2006 BUY 19,100 $15.67 ----------------------------- ----------------------------- ----------------------- ---------------------- 02/16/2006 BUY 28,700 $15.40 ----------------------------- ----------------------------- ----------------------- ---------------------- 02/16/2006 BUY 31,900 $15.52 ----------------------------- ----------------------------- ----------------------- ---------------------- 02/17/2006 BUY 6,400 $15.37 ----------------------------- ----------------------------- ----------------------- ---------------------- 02/17/2006 BUY 12,800 $15.75 ----------------------------- ----------------------------- ----------------------- ---------------------- 02/17/2006 BUY 13,100 $15.88 ----------------------------- ----------------------------- ----------------------- ---------------------- 02/17/2006 BUY 63,800 $15.64 ----------------------------- ----------------------------- ----------------------- ---------------------- Page 13 of 16 Pages C. Transactions for the account of Glenview Capital Partners, L.P. in the past 60 days. ----------------------------- ----------------------------- ----------------------- ----------------------- Date of Transaction Nature of Transaction Number of Shares Price per Share ----------------------------- ----------------------------- ----------------------- ----------------------- 01/25/2006 BUY 21,900 $17.83 ----------------------------- ----------------------------- ----------------------- ----------------------- 01/26/2006 BUY 1,400 $17.40 ----------------------------- ----------------------------- ----------------------- ----------------------- 01/26/2006 BUY 17,700 $17.55 ----------------------------- ----------------------------- ----------------------- ----------------------- 01/26/2006 BUY 19,900 $17.41 ----------------------------- ----------------------------- ----------------------- ----------------------- 01/26/2006 BUY 22,000 $17.36 ----------------------------- ----------------------------- ----------------------- ----------------------- 01/26/2006 BUY 25,000 $17.33 ----------------------------- ----------------------------- ----------------------- ----------------------- 01/26/2006 BUY 29,100 $17.27 ----------------------------- ----------------------------- ----------------------- ----------------------- 01/27/2006 BUY 11,000 $14.40 ----------------------------- ----------------------------- ----------------------- ----------------------- 01/27/2006 BUY 11,100 $14.05 ----------------------------- ----------------------------- ----------------------- ----------------------- 01/27/2006 BUY 22,100 $14.25 ----------------------------- ----------------------------- ----------------------- ----------------------- 01/27/2006 BUY 22,100 $14.00 ----------------------------- ----------------------------- ----------------------- ----------------------- 01/27/2006 BUY 22,900 $14.52 ----------------------------- ----------------------------- ----------------------- ----------------------- 01/27/2006 BUY 55,300 $13.95 ----------------------------- ----------------------------- ----------------------- ----------------------- 01/30/2006 BUY 26,300 $15.73 ----------------------------- ----------------------------- ----------------------- ----------------------- 01/31/2006 BUY 37,300 $15.97 ----------------------------- ----------------------------- ----------------------- ----------------------- 02/01/2006 BUY 5,300 $15.47 ----------------------------- ----------------------------- ----------------------- ----------------------- 02/08/2006 BUY 200 $14.95 ----------------------------- ----------------------------- ----------------------- ----------------------- 02/08/2006 BUY 4,200 $14.93 ----------------------------- ----------------------------- ----------------------- ----------------------- 02/16/2006 BUY 100 $15.30 ----------------------------- ----------------------------- ----------------------- ----------------------- 02/16/2006 BUY 800 $15.67 ----------------------------- ----------------------------- ----------------------- ----------------------- 02/16/2006 BUY 2,300 $15.51 ----------------------------- ----------------------------- ----------------------- ----------------------- 02/16/2006 BUY 3,400 $15.67 ----------------------------- ----------------------------- ----------------------- ----------------------- 02/16/2006 BUY 5,100 $15.40 ----------------------------- ----------------------------- ----------------------- ----------------------- 02/16/2006 BUY 5,700 $15.52 ----------------------------- ----------------------------- ----------------------- ----------------------- 02/17/2006 BUY 1,100 $15.37 ----------------------------- ----------------------------- ----------------------- ----------------------- 02/17/2006 BUY 2,300 $15.75 ----------------------------- ----------------------------- ----------------------- ----------------------- 02/17/2006 BUY 2,300 $15.88 ----------------------------- ----------------------------- ----------------------- ----------------------- 02/17/2006 BUY 11,400 $15.64 ----------------------------- ----------------------------- ----------------------- ----------------------- Page 14 of 16 Pages D. Transactions for the account of GCM Little Arbor Partners, L.P. in the past 60 days. ----------------------------- ----------------------------- ----------------------- ----------------------- Date of Transaction Nature of Transaction Number of Shares Price per Share ----------------------------- ----------------------------- ----------------------- ----------------------- 01/31/2006 SALE 83 $15.86 ----------------------------- ----------------------------- ----------------------- ----------------------- 02/16/2006 BUY 100 $15.51 ----------------------------- ----------------------------- ----------------------- ----------------------- 02/16/2006 BUY 200 $15.67 ----------------------------- ----------------------------- ----------------------- ----------------------- 02/16/2006 BUY 200 $15.40 ----------------------------- ----------------------------- ----------------------- ----------------------- 02/16/2006 BUY 300 $15.52 ----------------------------- ----------------------------- ----------------------- ----------------------- 02/17/2006 BUY 100 $15.37 ----------------------------- ----------------------------- ----------------------- ----------------------- 02/17/2006 BUY 100 $15.75 ----------------------------- ----------------------------- ----------------------- ----------------------- 02/17/2006 BUY 100 $15.88 ----------------------------- ----------------------------- ----------------------- ----------------------- 02/17/2006 BUY 600 $15.64 ----------------------------- ----------------------------- ----------------------- ----------------------- E. Transactions for the account of GCM Little Arbor Master Fund, Ltd. in the past 60 days. ----------------------------- ----------------------------- ----------------------- ----------------------- Date of Transaction Nature of Transaction Number of Shares Price per Share ----------------------------- ----------------------------- ----------------------- ----------------------- 01/31/2006 BUY 271 $15.86 ----------------------------- ----------------------------- ----------------------- ----------------------- 02/16/2006 BUY 200 $15.30 ----------------------------- ----------------------------- ----------------------- ----------------------- 02/16/2006 BUY 2,300 $15.67 ----------------------------- ----------------------------- ----------------------- ----------------------- 02/16/2006 BUY 6,600 $15.51 ----------------------------- ----------------------------- ----------------------- ----------------------- 02/16/2006 BUY 9,900 $15.67 ----------------------------- ----------------------------- ----------------------- ----------------------- 02/16/2006 BUY 14,900 $15.40 ----------------------------- ----------------------------- ----------------------- ----------------------- 02/16/2006 BUY 16,600 $15.52 ----------------------------- ----------------------------- ----------------------- ----------------------- 02/17/2006 BUY 3,300 $15.37 ----------------------------- ----------------------------- ----------------------- ----------------------- 02/17/2006 BUY 6,600 $15.75 ----------------------------- ----------------------------- ----------------------- ----------------------- 02/17/2006 BUY 6,700 $15.88 ----------------------------- ----------------------------- ----------------------- ----------------------- 02/17/2006 BUY 32,900 $15.64 ----------------------------- ----------------------------- ----------------------- ----------------------- F. Transactions for the account of GCM Little Arbor Institutional Partners, L.P. in the past 60 days. ----------------------------- ----------------------------- ----------------------- ----------------------- Date of Transaction Nature of Transaction Number of Shares Price per Share ----------------------------- ----------------------------- ----------------------- ----------------------- 01/31/2006 SALE 188 $15.86 ----------------------------- ----------------------------- ----------------------- ----------------------- 02/16/2006 BUY 600 $15.67 ----------------------------- ----------------------------- ----------------------- ----------------------- 02/16/2006 BUY 1,700 $15.51 ----------------------------- ----------------------------- ----------------------- ----------------------- 02/16/2006 BUY 2,600 $15.67 ----------------------------- ----------------------------- ----------------------- ----------------------- 02/16/2006 BUY 3,900 $15.40 ----------------------------- ----------------------------- ----------------------- ----------------------- 02/16/2006 BUY 4,400 $15.52 ----------------------------- ----------------------------- ----------------------- ----------------------- 02/17/2006 BUY 900 $15.37 ----------------------------- ----------------------------- ----------------------- ----------------------- 02/17/2006 BUY 1,700 $15.75 ----------------------------- ----------------------------- ----------------------- ----------------------- 02/17/2006 BUY 1,800 $15.88 ----------------------------- ----------------------------- ----------------------- ----------------------- 02/17/2006 BUY 8,700 $15.64 ----------------------------- ----------------------------- ----------------------- -----------------------
Page 15 of 16 Pages EXHIBIT INDEX Ex. Page No. --- -------- A. Joint Filing Agreement, dated March 8, 2006 by and among Glenview Capital Management, LLC, Glenview Capital GP, LLC, Glenview Capital Master Fund, Ltd., and Lawrence M. Robbins.. 16 Page 16 of 16 Pages EXHIBIT A JOINT FILING AGREEMENT The undersigned hereby agree that the statement on Schedule 13D with respect to the Common Stock of Take-Two Interactive Software, Inc. dated as of March 8, 2006 is, and any amendments thereto (including amendments on Schedule 13G) signed by each of the undersigned shall be, filed on behalf of each of us pursuant to and in accordance with the provisions of Rule 13d-1(k) under the Securities Exchange Act of 1934, as amended. Date: March 8, 2006 GLENVIEW CAPITAL MANAGEMENT, LLC By: /s/ Lawrence M. Robbins ---------------------------------------- Name: Lawrence M. Robbins Title: Chief Executive Officer Date: March 8, 2006 GLENVIEW CAPITAL GP, LLC By: /s/ Lawrence M. Robbins ---------------------------------------- Name: Lawrence M. Robbins Title: Chief Executive Officer Date: March 8, 2006 GLENVIEW CAPITAL MASTER FUND, LTD. By: Glenview Capital Management, LLC As Investment Manager By: /s/ Lawrence M. Robbins ---------------------------------------- Name: Lawrence M. Robbins Title: Chief Executive Officer Date: March 8, 2006 LAWRENCE M. ROBBINS /s/ Lawrence M. Robbins -------------------------------------------