Ben Lamoreux

Two massive video game publishers just became one. Take-Two Interactive is best known for publishing massive AAA titles like Grand Theft Auto, but lately, they’ve been taking a big interest in the mobile space. To that end, Take-Two announced today that it has acquired Zynga for a whopping $12.7 billion. Take-Two buys Zynga for $12.7 billion Take-Two itself was valued at around $19 billion (prior to this acquisition) so that’s a serious chunk of cash to throw down! Take-Two bought all of Zynga’s outstanding shares at $9.86 per share which breaks down to $3.50 in cash and $6.36 in shares […]

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