Chris: Wall street is taken aback just by that premium of 60, 64 % to the closing price of zinca on the last trading day. The question when you see that kind of ganit wel why did you pay that much? But wall street has awarded a zinga with a lower multiple over time than take to inter active has received. Chris: I think it's a good deal for take to interactive, because, as its leader in the pc and consol, if you will, gaming space,. They really haven't been able to crack that mobile market to the degree you might have expected them to.
Take-Two Interactive is buying Zynga in a cash-and-stock deal worth $12.7 billion. Shares of Lululemon fall as the retailer lowers expectations for its next quarterly report. Asit Sharma analyzes those stories, the latest innovation from Deere & Co., and why he's focusing on both capital-light and capital heavy businesses this upcoming earnings season. Later in the show Ricky Mulvey talks with Maria Gallagher about how trading costs can still affect investors in a world where the cost of executing a trade is $0.
Stocks: TTWO, ZNGA, LULU, NKE, DE, UNF, HD, HOOD, AMTD, SCHW
Host: Chris Hill Guests: Asit Sharma, Maria Gallagher Producer: Ricky Mulvey Engineer: Dan Boyd
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