Acquisition season never stops in the world of video games and Take Two Interactive wants to get in on the action. What does the game publisher's announced $12.7B acquisition of mobile publisher Zynga mean for the company and its shareholders? For everyone else?
There's a lot to discuss.
We go from Farmville to Northville...in Virtual Legality.
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#Activision #Cheats #Lawsuit
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Discussed in this episode:
"Take-Two and Zynga to Combine, Bringing Together Best-in-Class Intellectual Properties and a Market-Leading, Diversified Mobile Publishing Platform, to Enhance Positioning as a Global Leader in Interactive Entertainment"
Press Release - January 10, 2022
https://www.businesswire.com/news/home/20220110005389/en/Take-Two-and-Zynga-to-Combine-Bringing-Together-Best-in-Class-Intellectual-Properties-and-a-Market-Leading-Diversified-Mobile-Publishing-Platform-to-Enhance-Positioning-as-a-Global-Leader-in-Interactive-Entertainment
"Take-Two Interactive Software, Inc. to Change Name of Operational Metric from “Net Sales” to “Net Bookings”"
Press Release - November 1, 2017
https://www.businesswire.com/news/home/20171101005036/en/Take-Two-Interactive-Software-Inc.-to-Change-Name-of-Operational-Metric-from-%E2%80%9CNet-Sales%E2%80%9D-to-%E2%80%9CNet-Bookings%E2%80%9D
"T2's acquisition of #Zynga has generated an immediate downturn in T2's stock price."
Twitter Thread - Game Over Thirty
https://twitter.com/GameOverThirty/status/1480561213830537228
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"Virtual Legality" is a continuing series discussing the law, video games, software, and everything digital, hosted by Richard Hoeg, of the Hoeg Law Business Law Firm (Hoeg Law).
CHECK OUT THE REST OF VIRTUAL LEGALITY HERE:
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DISCUSSION IS PROVIDED FOR INFORMATIONAL PURPOSES ONLY AND IS NOT TO BE CONSTRUED AS LEGAL ADVICE. INDIVIDUALS INTERESTED IN THE LEGAL TOPICS DISCUSSED IN THIS VIDEO SHOULD CONSULT WITH THEIR OWN COUNSEL.
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Twitter: @hoeglaw
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