Take-Two Interactive Software Inc. has reached a deal to buy Zynga Inc. in a $12.7 billion deal that would unite two videogame companies with a presence across gaming platforms.
The cash-and-stock deal would value mobile game maker Zynga at about $12.7 billion. Zynga stockholders would receive compensation of about $9.86 for each Zynga share that they own, including $3.50 in cash and $6.36 of Take-Two stock.