GTA publisher shares collapsed

Share developer Video Games Take-Two Interactive collapsed during pre-trading on NASDAQ. By 18:10 Securities lost in price of 13.97 percent and cost 141.60 dollars per piece.

The reason for the fall of the developer’s assets and publisher of such games as GTA, Red Dead, Max Payne, Civilization, Mafia 2, Mafia 3 and others have become news about the decision of the company to buy the developer of the Mobile Games of Zynga with a big prize to the market price. Take-Two Interactive is going to pay 9.86 per share of Zynga, which is 64 percent more levels of trades on Friday, January 7th. The entire amount of the transaction is estimated at $ 12.7 billion.

It is assumed that Zynga will monitor Take-Two Interactive mobile projects, including T2 Mobile Games business, as well as Dragon City, Monster Legends, Top Eleven, Two Dots and WWE Supercard. As Chairman and Chief Executive Officer Take-Two Interactive Strauss Orelnik, companies hope to strengthen in the growing and promising video game segment.

Zynga shares at the foresaw jumped by 45 percent – to 8.72 dollars per piece.

/Media reports.