Video game maker Take-Two buys Zynga for $11.04 billion
Video game maker Take-Two Interactive said it would buy Zynga for $11.04 billion in a cash-and-stock deal as demand for gaming is soaring
By Shubhangi Mathur
Published - Jan 11, 2022, 01:39 AM ET
Last Updated - Feb 13, 2024, 02:35 PM EST
• Video game maker Take-Two buys Zynga for $11.04 billion
• The deal is expected to close in the first half of 2022, but Zynga has a go-shop period of 45 days
Video game maker Take-Two Interactive said it would buy Zynga for $11.04 billion in a cash-and-stock deal as demand for gaming is soaring.
The deal is the largest of the sector spanning console, PC, and mobile devices, creating a market cap of nearly $30 billion.
