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ZNGA / Zynga still expects Take-Two deal to close in fiscal Q1 after 'go-shop' period is completed

Zynga still expects Take-Two deal to close in fiscal Q1 after 'go-shop' period is completed
Zynga Inc. ZNGA, +1.03% said Friday the "go-shop" period under its previously announced merger agreement with videogame publisher Take-Two Interactive Software TTWO, +3.52% has been completed and said it still expects the deal to close in the first quarter of Take-Two's fiscal 2023 ending June 30, 2022. "Zynga's Board of Directors continues to believe that the transaction with Take-Two is in the best interests of Zynga and its stockholders, and recommends that Zynga's stockholders approve and adopt the Agreement," the company said in a statement. Read More
Posted: Feb 25 2022, 07:13
Author Name: Market Watch
Views: 110524

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