TAKE-TWO AND ZYNGA MERGE IN ONE OF THE BIGGEST GAMING DEALS EVER!
Take-Two and Zynga have merged in what, for the moment, is the biggest corporate deal in gaming history. The stockholders of each company approved all proposals last Thursday, and shares of Zynga ceased trading after market close on Friday. Yesterday Zynga shareholders received $3.50 and 0.0406 Take-Two shares for every share in Zynga, adding up to an enormous $12.7 billion, and the deal is done. This is a momentous event not just for these two companies, but for the entire gaming industry. For years, Take-Two has been one of the most successful publishers in the business, with hits like Grand Theft Auto and Red Dead Redemption under its belt. Zynga, on the other hand, revolutionized casual gaming with its social media games like Farmville and Words With Friends. The two companies are now poised to become an unstoppable force in the world of gaming. Only time will tell what this new supercompany will be able to achieve.
https://www.pakgamershub.com/2022/05/24/take-two-and-zynga-merge-in-one-of-the-biggest-gaming-deals-ever/
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