Take-Two is Buying Zynga in $12.7B Deal

Video game giant Take-Two is acquiring mobile gaming company Zynga, it said Monday. The deal is valued at around $12.7 billion, or $9.86 per Zynga share. From a report: Zynga publishes major social games like FarmVille and Words With Friends. Take-Two already owns game publishers Rockstar, which is behind Grand Theft Auto and Red Dead Redemption, and 2K, known for BioShock, Borderlands, Civilization and NBA 2K.

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