Take Two Buying Farmville Gang Zynga In 12 7 Billion Deal
Take-Two announced yesterday that they’re looking to snap up all Zynga shares, paying a mixture of cash and Take-Two stock to shareholders. That’ll value the company at $12.7 billion, which frankly is an imaginary quantity of money. At this level of business, what even is numbers? Take-Two and Zynga’s boards have approved of the deal, though it’s still dependent on shareholders and regulators giving the go-ahead. They expect to complete it sometime from March to the end of June....