Take-Two Interactive Software (TTWO) Completes Zynga Acquisition
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Take-Two Interactive Software, Inc. Completes Combination with Zynga Inc.
May 23, 2022 8:30 AM UTCNEW YORK--(BUSINESS WIRE)-- Take-Two Interactive Software, Inc. (NASDAQ: TTWO) (Take-Two or the Company) announced today the completion of its combination with Zynga Inc. (Zynga). Under the terms of the merger agreement, Zynga stockholders received $3.50 in cash and 0.0406 shares of Take-Two common stock per share of Zynga common stock.
We are thrilled to complete our combination with Zynga, which is a pivotal step to increase exponentially our Net Bookings from mobile, the fastest-growing segment in interactive entertainment, while also providing us with substantial cost synergies and revenue opportunities, said Strauss Zelnick, Chairman and CEO of... More
