Home Business Videogame, Take-Two will buy Zynga for $ 12.7 billion. Zynga Title Fly 50%

Videogame, Take-Two will buy Zynga for $ 12.7 billion. Zynga Title Fly 50%

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Wave of buy on the title Zynga, a company specializing in video game development, which spikes on the Nasdaq by 50% after the news of its acquisition by Take-Two Interactive, giant producer of video games, for an amount of $ 12.7 Billions.

Take-Two today announced the purchase of Zynga for $ 9.86 per share, at a 64% premium over the value at which the Zynga stock closed on Friday.

Take-Two said Zynga shareholders will receive $ 3.50 in cash and $ 6.36 in Take-Two stock for each Zynga share held.

The agreement, which must receive the green light from shareholders and market authorities, is expected to close by 30 June 2022.

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