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Stock impact report

Take-Two Interactive Software, Inc. to Acquire The Gearbox Entertainment Company Inc., Developer of Highly Successful Borderlands Franchise

Take-Two Interactive Software, Inc. (TTWO) 
Last take-two interactive software, inc. earnings: 2/6 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.take2games.com
Company Research Source: Business Wire
Transaction valued at $460 million; expected to close in the first quarter of Take-Two’s Fiscal Year 2025Expands 2K’s internal development team with proven industry-leading talentGearbox and 2K in active development on next installment in Borderlands series NEW YORK--(BUSINESS WIRE)--Take-Two Interactive Software, Inc. (NASDAQ:TTWO), one of the largest interactive entertainment companies in the world, announced that it has entered into a definitive agreement with Embracer Group to acquire The Gearbox Entertainment Company, an award-winning creator of industry-defining entertainment experiences, for $460 million. The consideration consists entirely of newly issued shares of Take-Two common stock. The number of Take-Two shares will be calculated by dividing the purchase price by the average closing price per share on the Nasdaq Global Select Market during the five trading day period ending on the trading day immediately prior to the closing date. The purchase price assumes a debt-fre Show less Read more
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