Video games-Take-Two to buy Zynga, a $ 12.7 billion operation


TAKE TWO INTERACTIVE SOFTWARE INC

Video games-Take-Two to buy Zynga, a $ 12.7 billion operation | Photo credits: Rockstargames

January 10 (Reuters) – US video game publisher Take-Two Interactive Software to acquire mobile game specialist Zynga, creator of FarmVille, among others, on the basis of a global valuation of nearly $ 12.7 billion. dollars (11.2 billion euros), debts included, announced the two groups on Monday.

Take-Two specifies that it will buy back all of the Zynga shares at a unit price of $ 9.86.

In pre-market trading on Wall Street, the title Zynga gained more than 40% to 8.89 dollars.

The price offered by Take-Two is 64.4% higher than the Zynga share price on Friday.

The takeover bid represents an amount of $ 11.04 billion according to Reuters calculations.

The operation, which Take-Two plans to pay in securities and in cash, should be completed by the end of June.

(Report Nivedita Balu and Eva Mathews, French version Marc Angrand, edited by Blandine Hénault)





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