Take-Two unveils funding strategy for Zynga acquisition

Time Stamp: April 11, 2022 8:30 AM

Take-Two unveils funding strategy for Zynga acquisition Take-Two Interactive has revealed that it will sell $2.7 billion in senior notes to raise money for its upcoming Zynga acquisition . These senior notes are to be sold in an underwritten public offering and are a form of bond that would take priority above other debts in the event of bankruptcy. The money intended to be raised will be used towards Take-Two’s acquisition of Zynga which, at th…

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