Take Two is acquiring Zynga in deal worth $12.7 billion

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Started by the-pi-guy, Jan 10, 2022, 02:20 PM

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the-pi-guy

Take-Two to acquire all the outstanding shares of Zynga for a total value of $9.861 per share - $3.50 in cash and $6.361 in shares of Take-Two common stock, implying an enterprise value of $12.7 billion Transaction represents a 64% premium to Zynga's closing share price on January 7, 2022 Establishes Take-Two as one of the largest publishers of mobile games, the fastest-growing segment of the interactive entertainment industry


Take-Two and Zynga to Combine, Bringing Together Best-in-Class Intellectual Properties and a Market-Leading, Diversified Mobile Publishing Platform, to Enhance Positioning as a Global Leader in Interactive Entertainment | Business Wire