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4/27/08

GreenScreen over Take Two

In February 2007, Take-Two founder and CEO Ryan Brant pleaded guilty in the publisher's ongoing stock options-backdating scandal, agreeing to pay up some $7.3 million in the process but trading five years' probation for jail time. As a consequence of that outcome, Brant has been effectively barred from running a publicly traded company, but that hasn't stopped the one-time exec from flexing his entrepreneurial muscle.

GreenScreen Interactive announced its presence today, saying GT Interactive founder Ron Chaimowitz will act as the company's chief executive officer. While Brant's role in the company was not disclosed, Chaimowitz did discuss having the former Take-Two chief on the payroll with Newsweek.

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