i think it's a fair criticism of zinga that they never really had a second act to farnville. If they had more hits, even close to farmville, than maybe we'd be talking about a different situation. i think if you're a shareholderf of either company, you don't want to see something like this really get drawn out over a long period of time. This is a cash in stock deal. Zinga shareholders get some cash, but then they're also going to get some take to interactive stock. Maybe they want to keep it, maybe they don't.
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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