Wall Street learned this week that Take-Two will be acquiring Zynga for $9.86 a share, a 64% premium to Zynga’s closing price Friday. Although Take-Two shares fell 13% on the news, shares of Zynga had rocketed 40%. Take-Two Interactive is buying the mobile gaming company for $12.7 billion with a mix of cash and stock. … Continue reading “Take-Two Interactive Will Acquire FarmVille Creator Zynga for $12.7B”
Tag: zynga
Zynga Shares Drop as Outlook Worries Wall Street
Zynga Inc. shares dropped yesterday as the videogame publisher’s outlook took precedence over quarterly results…
Zynga Just Reported Record Revenue in Q3
American social game developer Zynga reported third quarter financial results revealing record revenue. For the…
Zynga Reports Explosive Revenues as People Play Games During Covid
Shares of Zynga Inc. were soaring 10% in extended trading on Wednesday after the company…
Zynga Shares Fly Higher After Upgrade from Barclays
Barclays analyst Mario Lu upgraded Zynga shares this week from "equal weight" to "overweight." The…
Zynga Buys Istanbul-based Peak Games for $1.8 Billion
Zynga announced this week that it is buying Istanbul-based Peak Games, the company behind popular…
Zynga Posts Q4 Financial Results that Beat Its Own Guidance
On Wednesday mobile and online gaming company Zynga reported its fourth quarter financial results that…
Zynga Reports Record Setting Revenues in the Third Quarter
Social game developer Zynga reported third quarter financial results on Wednesday that revealed record setting…
Zynga Reports Second Quarter Results and Beats Expectations
It was on Wednesday that mobile video game publisher Zynga reported second quarter financial results…
Shares of Zynga Explode on Takeover Interest
Video game maker Zynga saw its shares skyrocket after Bloomberg reported that an unnamed rival…
Zynga Shares Are Exploding on This Disney Star Wars Deal
Zynga had some big news this week that sent shares soaring in after-hours trading on…
Zynga Just Got A Major Upgrade From Morgan Stanley
Shares of mobile game maker Zynga jumped to a three- year high on Friday after…