Zynga to Be Acquired by Take-Two for $12.7 Billion. Zynga Stock Is Soaring.

2 years ago 424

Shares of gaming services institution Zynga were soaring successful premarket trading pursuing the quality that it volition beryllium acquired by Take-Two Interactive successful a cash-and-stock woody with an endeavor worth of $12.7 billion.

Zynga (ticker: ZNGA) shares jumped 46.3% to $8.82, portion Take-Two (TTWO) dropped 8.4% to $150.84.

Under the presumption of the deal, Zynga...

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