The acquisition is worth $12.7 billion and the company is buying the FarmVille developer with both cash and stock.
Take-Two Interactive is bringing mobile gaming company Zynga into the fold.
It was announced the company would buy all shares of Zynga at $9.86 apiece which caused Zynga stock to surge 40% and Take-Two’s to decline by 13%.
Zynga recently released FarmVille 3, the third outing since the franchise’s initial release in 2009.
→ Full news story
You must be logged in to post a comment.
Want to submit Games content?
Animefice covers the latest Anime news.
Gamefice covers the latest Game news.
Screenfice covers the latest Film & TV news.
The Artifice is a long-form writing platform that covers a wide spectrum of art forms.