The games published under Private Division, Take-Two Interactive’s former indie label, are under new management. Bloomberg reports that the former employees of Annapurna Interactive have formed a new, as-yet-unnamed company that will take over Private Division’s games portfolio.

The former staffers of the independent video-game publisher Annapurna Interactive, who resigned abruptly last summer following an acrimonious power struggle, will be taking over the portfolio of a past rival, which will be laying off some of its employees.

Take-Two Interactive, publisher of the blockbuster franchise Grand Theft Auto, sold its indie label Private Division for an undisclosed price to an unnamed

Former staffers from troubled publisher Annapurna Interactive enter an agreement to take over the operations of studio Private Division.

Last year saw the entire Annapurna Interactive workforce resign following a dispute with owner Megan Ellison. Four months on, Bloomberg has reported that the former staff members have formed a new company and have picked up the entire Private Division portfolio (thanks, GamesIndustry.biz ).

Former Annapurna Interactive staff - who departed the acclaimed video game publisher last September as part of a "mass