Zynga reported fourth-quarter earnings that showed it continues to grow its mobile social game business. The results beat the company’s guidance for bookings and revenues.
Take-Two announced in January that it was acquiring Zynga for an enterprise value of $12.7 billion, a big premium above its trading price. It’s one of the biggest deals in gaming history, though it was dwarfed by January’s announcement that Microsoft would buy Activision Blizzard for $68.7 billion.
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