Take-Two Interactive & Zynga, 2 companies working in interactive & mobile entertainment, today announced that they had entered into a definitive agreement, under which Take-Two will acquire all of the outstanding shares of Zynga in a cash & stock transaction valued at $9.86 per Zynga share, based on the market close as of January 7, 2022, with a total enterprise value of approximately $12.7 billion.
Take-Two to buy “FarmVille” maker Zynga for $11 bln in mobile gaming push – reuters.com
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Jan 10 (Reuters) – Take-Two Interactive said on Monday it would buy Zynga for $11.04 billion in a deal that will bring the smash-hit video game “Grand Theft Auto” and mobile-friendly “FarmVille” under one roof as demand for affordable surges. The deal, one of the biggest in the sector, will spanning console, PC and mobile devices and comes as people increasingly gravitate toward smartphone games.
Link: Take-Two to buy “FarmVille” maker Zynga for $11 bln in mobile gaming push
via www.reuters.com
