Rockstar Games’ parent company, Take-Two Interactive, acquired Zynga, known for its mobile games, in January. Authorized names stated that they will bring some of the console and PC games owned by Take-Two to smartphones; After this statement, the expectation of GTA 5 Mobile, which has been dreaming for a while, flared up.
Now an important development has occurred on the subject. On Thursday, May 19, shareholders of Take-Two and Zynga announced that they have approved the $12.7 billion deal. Today, on May 23, the deal will be closed and from Friday, Zynga will no longer be traded on NASDAQ exchanges.
Zynga deal with Take-Two closed
Pursuant to the terms set forth in the merger agreement, upon completion of the transaction, Zynga will merge with Take-Two and its shareholders will receive $3.50 in cash and $0.50 per share. 0406 Take-Two will be eligible to receive common stock.
Zynga CEO Frank Gibeau said in a statement that they are one step closer to combining the company’s experience in free-to-play games and its next-generation mobile platform with Take-Two’s productions, adding, “We look forward to what our team can achieve with Take-Two. ” he said.
Thus, Frank Gibeau gave GTA 5 Mobile the green light once again. A statement came from Strauss Zelnick, Chairman and CEO of Take-Two. Thanking the shareholders for their support of the deal, Zelnick said:
“We believe our combination with Zynga will be transformative for our company. We believe we can achieve significant growth and create long-term shareholder value while achieving our vision and unlocking cost synergies and revenue opportunities together.”
When will GTA 5 Mobile be released?
Currently, three major games of the Grand Theft Auto series: GTA San Andreas, GTA Vice City and GTA 3 are playable on Android and iOS. GTA 5, which was released in 2013, has not yet come to mobile. The statements made by Take-Two and Zynga wing strengthen the possibility that the dream of the players may come true very soon.
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