• Take-Two Acquires Zynga For Nearly $13 Billion

    6 days ago - By Game Informer

    Take-Two Interactive, the company behind the Grand Theft Auto series, announced that it is buying all outstanding shares of Zynga for $12.7 billion.
    The publisher giant announced the news this morning with a press release that says Take-Two spent $9.86 a share to acquire Zynga, which is perhaps most famous for titles like FarmVille, Words With Friends, and the upcoming Star Wars: Hunters. Bringing Zynga under the Take-Two umbrella immediately makes Take-Two one of the largest publishers of mobile games in the world, which the press release says is “the fastest-growing segment of the...
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  • Take-Two Interactive to Acquire Zynga for $12.7 Billion

    Take-Two Interactive to Acquire Zynga for $12.7 Billion

    6 days ago - By VG Chartz

    Take-Two Interactive announced it will acquire Zynga in a deal valued at $12.7 billion. Take-Two is will acquire all outstanding shares of Zynga for $9.86 per share, which is a 64 percent premium to the closing price of the shares on January 7, 2022.
    The acquisition is expected to be completed during the first quarter of Take-Two's fiscal year 2023, which ends June 30, 2022. This is subject to approval from Take-Two and Zynga stockholder, as well as applicable regulatory approvals.
    "We are thrilled to announce our transformative transaction with Zynga, which significantly diversifies our...
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  • Take-Two Wants Zynga to Bring Its Core Franchises to Mobile

    Take-Two Wants Zynga to Bring Its Core Franchises to Mobile

    6 days ago - By VG Chartz

    Take-Two Interactive today announced it will acquire Zynga in a deal valued at $12.7 billion.
    Strauss Zelnick, chairman and CEO of Take-Two Interactive, speaking during an investors call attended by VideoGamesChronicle said once the deal closes he hopes Zynga will be able to help bring Take-Two's core franchises to mobile platforms.
    Perhaps most importantly we have the ability together, from both a development and a publishing point of view, to optimise the creation of new titles based on Take-Two's core intellectual property," said Zelnick.
    "We believe we have the best collection of...
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  • Take-Two Not Done With Acquisitions Following Zynga Deal

    Take-Two Not Done With Acquisitions Following Zynga Deal

    6 days ago - By VG Chartz

    Take-Two Interactive today announced it will acquire Zynga in a deal valued at $12.7 billion. The deal is expected to be completed during the first quarter of Take-Two's fiscal year 2023, which ends June 30, 2022.
    Strauss Zelnick, chairman and CEO of Take-Two Interactive, speaking during an investors call attended by VideoGamesChronicle said the company is not done with making acquisitions.
    In terms of your question regarding ongoing acquisitions, that's still something that will be of interest to us," said Zelnick.
    "We will close this transaction with a fortress like balance sheet, with...
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  • Take-Two Interactive to acquire Zynga

    Take-Two Interactive to acquire Zynga

    6 days ago - By Gematsu

    Take-Two Interactive will acquire Zynga in a deal valued at $12.7 billion, the companies announced. ...
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  • Take-Two Interactive just bought Zynga for $12.7 billion

    6 days ago - By Nintendo Enthusiast

    Two massive video game publishers just became one. Take-Two Interactive is best known for publishing massive AAA titles like Grand Theft Auto, but lately, they've been taking a big interest in the mobile space. To that end, Take-Two announced today that it has acquired Zynga for a whopping $12.7 billion. Take-Two buys Zynga for $12.7 billion Take-Two itself was valued at around $19 billion so that's a serious chunk of cash to throw down! Take-Two bought all of Zynga's outstanding shares at $9.86 per share which breaks down to $3.50 in cash and $6.36 in shares...
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  • Take-Two to acquire Zynga in staggering $12.7 billion deal

    6 days ago - By Destructoid

    Mobile giant joins Take-Two portfolio In a clash of the titans, publisher Take-Two Interactive has announced that it has acquired...
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