Grand Theft Auto Maker Buys FarmVille Company in $12.7B Deal

Take-Two Interactive is buying Zynga in a cash-and-stock deal valued at about $12.7 billion.

  • Published
FILE - A pedestrian walks in front of a sign at Zynga in San Francisco, Tuesday, March 16, 2021. Take-Two Interactive, maker of Grand Theft Auto and Red Dead Redemption, is buying Zynga, maker of FarmVille and Words With Friends, in a cash-and-stock deal with an enterprise value of about $12.7 billion. Take-Two said Monday, Jan. 10, 2022, it anticipates $100 million in annual cost savings. (AP Photo/Jeff Chiu, File)
Image via AP Photo/Jeff Chiu

This article was republished here with permission from The Associated Press, however it is no longer available to read on Snopes.com.

Take-Two Interactive, maker of “Grand Theft Auto” and “Red Dead Redemption,” is buying Zynga, maker of “FarmVille” and “Words With Friends,” in a cash-and-stock deal valued at about $12.7 billion. The acquisition announced Monday would wed a powerhouse in console gaming, Take-Two, with a mobile gaming company with an almost cult-like following. Zynga shareholders will receive $3.50 in cash and $6.36 in shares of Take-Two common stock for each share of Zynga outstanding stock at…

Read at AP News