Check ign and kotaku articles.
Classic Take Two, have a huge hit on their hands and are NOT working on a sequel. ATVI and even UBI have a yearly update to their best games which is why their stock is always sky high.
Well, TTWO probably does not own the Borderlands IP. The may still have some publishing rights to it though. So you can't really fault them for not working on something they don't own. They may have no choice in the matter.
WTH? No wonder shares are going lower. Seriously, wth? That should be a FY15-FY16 release, for sure. Wonder if Gearbox/Pitchford is trying to put pressure on TTWO to just buy them outright?
Yeah, I saw that. However, I wonder who is publishing Brother's in Arms? Perhaps self-published? Maybe TTWO? They've said it is not Ubisoft.