Take-Two Interactive is set to purchase Zynga in a ginormous $12.7 billion acquisition

Take-Two Interactive and Zynga have just announced a partnership where Take-Two will acquire Zynga in a cash and stock transaction valued at $12.7 billion. While the transaction isn't cemented just yet, since Zynga has 45 days to find a better deal, it seems likely this acquisition will happen, seeing that both companies felt confident enough to announce the deal this morning.

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Matthew Sholtz

Take-Two Interactive and Zynga have just announced a partnership where Take-Two will acquire Zynga in a cash and stock transaction valued at $12.7 billion. While the transaction isn't cemented just yet, since Zynga has 45 days to find a better deal, it seems likely this acquisition will happen, seeing that both companies felt confident enough to announce the deal this morning.

https://ift.tt/eA8V8J January 10, 2022 at 05:13PM