Zynga Trades At A 10% Discount To Take-Two's Purchase Offer; Expect That Gap To Partially Close Soon

Zynga Shares Rise 40% After Take-Two Declares $12.7B Acquisition

04:32am, Tuesday, 11'th Jan 2022 Forbes Middle East

Video game company Take-Two Interactive, known for Grand Theft Auto, NBA 2K and Red Dead Redemption, announced Monday that it is buying mobile gaming company Zynga in a blockbuster $12.7 billion deal, one of the industrys largest acquisitions to date.

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Recent consumer IPOs declined, led by CURV. ZNGA jumped on a merger deal with TTWO. DELL hit a fresh high. TMUS reached a new low. FOLD plunged on an updated forecast.
Take-Two Interactive just announced what could be the biggest acquisition in video game history, buying FarmVille developer Zynga for $12.7 billion. So what is Take-Two getting for its money?
Zynga (ZNGA) shares soared on Monday, gaining more than 40% after Take-Two Interactive (TTWO) said it would acquire the company for an enterprise value of $12.7 billion
Zynga stock (ZNGA) is pulling its best day ever, now up 42.1% in the wake of news that Take-Two Interactive Software (TTWO -14.7%) has a $12.7 billion deal to acquire the mobile…

Has the Sell-Off Run Out of Steam?

07:09pm, Monday, 10'th Jan 2022
We saw the Nasdaq rebounding off the 200-day and actually eking out gains for the first time in five trading days.
Take-Two Interactive to buy Zynga Inc for $12.70 billion in cash and stock.
Take-Two Interactive (NASDAQ: TTWO) announced it is buying Zynga (NASDAQ: ZNGA) in a deal valued at $12.7 billion. These are the details.

Take-Two Interactive CEO On Decision To Buy Zynga

06:00pm, Monday, 10'th Jan 2022 ValueWalk
Following is the unofficial transcript of a CNBC exclusive interview with Take-Two Interactive Software, Inc (NASDAQ:TTWO) Chairman & CEO Strauss Zelnick on CNBCs Squawk on the Street (M-F 9AM 11AM ET) today, Monday, January 10th. Following is a link to video on CNBC.com: Q4 2021 hedge fund letters, conferences and more Take-Two Interactive CEO []
Brandon Ross, LightShed Partners, joins 'Closing Bell' to discuss Take-Two Interactive's plans to buy Zynga and what it could mean for the company's bottom line.
Yahoo Finance Live hosts Emily McCormick and Adam Shapiro break down several of the trending stocks. Don't Miss: Valley of Hype: The Culture That Built Elizabeth Holmes WATCH HERE: https://youtu.be/Sb
Take-Two Interactive CEO Strauss Zelnick said Monday that its nearly $13B deal to acquire Zynga (ZNGA) presents a "transformative" opportunity to drive further into mobile gaming.
NEW YORK , Jan. 10, 2022 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for BAC, NVDA, NIO, RIO, and TTWO. Full story available on Benzinga.com
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