
Take-Two Buys Zynga, E3 Dies, and Ken Levine Struggles
Triple Click
00:00
GTA on Line Is the Biggest Game on the Planet, but There's No GTA on Line
Take do was very late to the party here. They paid 12 billion dollars, which is like a super high premium over what the company was actually trading at m and i think that's largely because they felt like they had to. It was just like total desperation. In fact, taketo stock dropped after the news. Like, they, the shares fell like 15 % on monday after they announced this bigaas. That's funny. So the story isn't that zinga did so well to be sold. It was the take two screwed up and needed to buy something, exactlyand you can say, i mean, zinga was in a position of strength in some
Transcript
Play full episode