Take-Two is selling its indie games label Private Division

Take-Two did not disclose the buyer of Private Division or how much they paid. In an emailed statement to The Verge, Take-Two spokesperson Alan Lewis wrote:

We recently made the strategic decision to sell our Private Division label to focus our resources on growing our core and mobile businesses for the long-term. As part of this transaction, the buyer purchased our rights to substantially all of Private Division’s live and unreleased…