Take-Two Interactive officially acquired Zynga in a large gaming transaction

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The purchase is complete — the gaming industry will shrink further

zynga takes two acquisition heroes

In January of this year, Take-Two Interactive announced a partnership with Zynga (famous for FarmVille). Take-Two will buy Zynga for a $ 12.7 billion valuation. At the time, the deal was still underway and was one of the largest in the gaming industry, and as of Monday, Take-Two announced the completion of its integration with Zynga. Zynga shareholders received $ 3.50 in cash and 0.0406 shares of Take. -Zynga common stock 2 common stock per share.

The above tweet from Zynga is press release Announced a recent merger.There’s not much information, but the $ 12.7 billion merger is one of the largest in the industry, and Microsoft’s bold proposal to buy Activision Blizzard for $ 68.7 billion (probably). Move fast), But definitely more Microsoft’s Purchase of Bethesda for $ 7.5 Billion..

This recent news Merger completed It’s a big step for Take-Two.As you know the company Hope to harness Zynga’s talent Completed with pumping out Free play casino game.. Therefore, we seem to be heading for an unknown, perhaps dark future. High quality games are rarely made for fun because a few companies own all the big brands, but like all 2K sports, games are ironically profitable. A game made for, a company conveniently owned by Take-Two (imagine). That’s why I’m afraid to think about what Take-Two will do with Zynga’s knowledge and talent, as I’m convinced that microtransactions and fragmented live service games will be a big part of the merger.

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