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

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Updated Jan. 10, 2022 8:35 americium ET / Original Jan. 10, 2022 7:25 americium ET

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Shares of mobile 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 51.8% to $9.12, portion Take-Two (TTWO) dropped 7.43% to $152.37.

Under the presumption of the...

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