https://wccftech.com/take-two-interactive-completes-merger-with-farmville-publisher-zynga/

A few weeks ago, we talked about the recent acquisition of Zynga inc. by Take-Two Interactive. This acquisition sees the company taking all the outstanding shares of Zynga. This deal is going to represent a 64% premium to Zynga’s closing share price on January 7, 2022, and will have a total value of $12.7 Billion.

It was expected that the merger would be completed by the first quarter of T2's 2023 fiscal year. However, it was announced today that Zynga and Take-Two have completely merged successfully. Under the terms of the merger agreement, Zynga stockholders received $3.50 in cash and 0.0406 shares of Take-Two common stock per share of Zynga common stock.