Take-Two to acquire mobile gaming giant Zynga for $12.7B

Huge consolidation is afoot in the world of gaming. Today Take-Two Interactive announced a plan to acquire mobile games giant Zynga, in a deal valued at $9.86 per share — $3.50 in cash and the remaining $6.36 in shares of Take-Two common stock. Zynga’s enterprise value in the deal works out to $12.7 billion. The … Continue reading Take-Two to acquire mobile gaming giant Zynga for $12.7B