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, Red 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 …
Business Wire
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Discussion
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@bowknowsbiz
@bowknowsbiz
on x
Been wondering which company was going to take out Zynga. Looks like Take Two wins it. More dealmaking is on the way I'm sure. https://www.businesswire.com/ ...
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@julianklymochko
Julian Klymochko.eth
on x
$TTWO shares down -10.7% pre-market on the back of its $ZNGA acquisition Note that this deal is subject to a buyside vote, and the acquiror's shareholders DO NOT like this deal Another $MNTV / $ZEN situation? https://www.businesswire.com/ ...
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@eric_seufert
Eric Seufert
on x
😳 https://twitter.com/...
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@robmoff
Rob Moffat
on x
Zynga share price was at half of peak... https://twitter.com/...
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@jaredhecht
Jared Hecht
on x
Strauss Zelnick is one of the greatest leaders out there. You'd be hard pressed to find someone as kind, wise and driven. https://twitter.com/...
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@zynga
@zynga
on x
We're excited to partner with Take-Two, creator of Grand Theft Auto®, Red Dead Redemption®, Midnight Club®, NBA 2K®, BioShock®, Borderlands®, Civilization®, Mafia®, and Kerbal Space Program®. https://www.businesswire.com/ ...
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@danprimack
Dan Primack
on x
Soooo close. Years ago, John Doerr joked on stage with me that “God intended” Zynga to be above $10 per share. The sale price works out to $9.86 per share. https://techcrunch.com/...
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@stevekovach
Steve Kovach
on x
Never thought I'd see the publisher of Grand Theft Auto buy the publisher of Farmville. https://twitter.com/...
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@stevekovach
Steve Kovach
on x
Also, congrats to Take-Two for not using “metaverse” in its press release. https://www.businesswire.com/ ...
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@brandolightshed
Brandon Ross
on x
Take-Two buying Zynga. Solves the biggest problem for each. Didn't have confidence in Zynga ability to move away from casual or ever develop own IP. Take-Two has needed a bigger mobile strategy for forever. $TTWO $ZNGA
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@zynga
@zynga
on x
Combining Zynga's expertise in mobile and our next generation platforms with Take-Two's best-in-class capabilities and intellectual property is a game changing opportunity for our industry. https://www.businesswire.com/ ...
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@zynga
@zynga
on x
Zynga and Take-Two Interactive have agreed to combine, creating a global leader in interactive entertainment with a portfolio of iconic franchises. https://www.businesswire.com/ ...