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The delay will likely hold the games back until early 2010, but they could make the important holiday '09 period by a whisker.
Mafia II & Red Dead Redemption Delayed Until Fiscal 2010
It seems the teams behind the development of Mafia II and Red Dead Redemption have asked for a little more time to perfect their games - something Take Two shareholders were advised would have an impact on their earnings for the rest of the financial year: "[The delay is] to allow additional development time for the titles and to maximize their full potential in terms of the quality of the player experience and market performance
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