Page 54 - Two Interactive News Today

U.S. stock futures dropped Monday after a rough first trading week of the new year as tech stocks were battered by rising bond yields

Take-Two Interactive says it is buying mobile gaming company Zynga for $12.7 billion with a mix of cash and stock.

Stocks fell broadly in afternoon trading on Wall Street Monday and bond yields continued rising as investors anticipate moves by the Federal Reserve to raise interest rates.

Stocks on Wall Street fell again Monday, though the market ended up bouncing nearly all the way back from an early slide led by technology companies.

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

NEW YORK - 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.

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

Take-Two Interactive agreed Monday to buy fellow video game developer Zynga at a roughly $12.7 billion enterprise value, in a deal that combines the makers of NBA 2K and Words With Friends and was built by Willkie Farr and Wilson Sonsini.

Stocks fell broadly in afternoon trading on Wall Street Monday and bond yields continued rising as investors anticipate moves by the Federal Reserve to raise interest rates.

Take-Two Interactive, the publishing powerhouse behind the Grand Theft Auto series, will acquire the mobile-games vendor Zynga, whose titles include Take-Two Interactive will acquire Zynga in a cash-and-stock deal worth $12.7 billion.