Jan 11, 2022
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Take-Two Acquires Zynga For Nearly $13 Billion

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Take-Two Interactive, the company behind the Grand Theft Auto series, announced that it is buying all outstanding shares of Zynga for $12.7 billion. 

The publisher giant announced the news this morning with a press release that says Take-Two spent $9.86 a share to acquire Zynga, which is perhaps most famous for titles like FarmVille, Words With Friends, and the upcoming Star Wars: Hunters. Bringing Zynga under the Take-Two umbrella immediately makes Take-Two one of the largest publishers of mobile games in the world, which the press release says is “the fastest-growing segment of the interactive entertainment industry.”

“[This acquisition] unifies highly complementary businesses, including Take-Two’s best-in-class portfolio…

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