Take-Two and Zynga will merge on Monday in one of the industry’s biggest ever deals

[delete12345]

Take-Two completes Zynga acquisition

Take-Two Interactive has completed the acquisition of mobile studio Zynga, following shareholder approval from both parties last week.

The transaction sees the Grand Theft Auto publisher purchase all outstanding shares of the company for approximately $12.7 billion.

Click to shrink...

"We are thrilled to complete our combination with Zynga," Said Take-Two chairman and CEO Strauss Zelnick, who called the deal a "pivotal step" in the firm's plans to build out its mobile offering.

"As we bring together our exceptional talent, exciting pipelines of games, and industry-leading technologies and capabilities, we believe that we can take our portfolio to another level of creativity, innovation, and quality.

Click to shrink...

Take-Two completes Zynga acquisition

Take-Two Interactive has completed the acquisition of mobile studio Zynga, following shareholder approval from both par…

www.gamesindustry.biz