Take-Two shares fell in value after news of the acquisition of Zynga – Igromania

Yesterday Take-Two announced the acquisition Zynga, after which the company’s shares fell 13%. The last time such a large drop in the value of securities was recorded already in 2009, when the shares fell in price by 29.12% – however, only for a day.

Analysts attribute this state of affairs to a belated deal – they say, the company should have paid attention to the mobile market much earlier, and now Take-Two is simply overpaying. And, by the way, shares of Zynga itself soared by 40.67%, and in fact the merger will be completed only by the summer.

But be that as it may – the purchase of an experienced developer of mobile projects can play into the hands of the publisher in the long run. GTA Online still brings in fabulous profits, which would certainly be multiplied by a version for smartphones and tablets.

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