Take-Two will acquire Zynga for $12.7B, or $9.86 per share, a 64% premium on Zynga's January 7 closing price; Take-Two develops GTA, Read Dead, and other titles (Business Wire)

Business Wire:
Take-Two will acquire Zynga for $12.7B, or $9.86 per share, a 64% premium on Zynga's January 7 closing price; Take-Two develops GTA, Read Dead, and other titles  —  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 …



from Techmeme https://ift.tt/3ta4hWL

Comments

Popular posts from this blog

Microsoft says it has no plans to add more backward compatible titles for Xbox One, but says Project Scarlett will run games from all four Xbox generations (Tom Warren/The Verge)

Tencent-backed Chinese online education startup Huohua Siwei, which offers K-12 math and science courses, closes its $400M Series E at a $1.5B valuation (Emma Lee/TechNode)

SetSail raises $26M Series A for its service that recommends when to pay salespeople, by monitoring the progress of sales across CRM, email, and other systems (Ron Miller/TechCrunch)