Take-Two Interactive completed the acquisition of Zynga for $12.7bn.

Take-Two Interactive, an interactive and mobile entertainment services provider, completed the acquisition of Zynga, a game developer, for $12.7bn. Zynga stockholders received $3.5 in cash and $6.36 in shares of Take-Two common stock for each share of Zynga common stock outstanding. “Combining Zynga’s expertise in mobile and next-generation platforms with Take-Two’s best-in-class capabilities and intellectual property will enable us to further advance our mission to connect the world through games while achieving significant growth and synergies together. With this transformative transaction, we begin a new journey which will allow us to create even better games, reach larger audiences and achieve significant growth as a leader in the next era of gaming," Frank Gibeau, Zynga CEO. On February 25, 2022, Zynga announces completion of “go-shop” period.