Take-Two Interactive Software, Inc.

+2.55 (+1.47%)
Officer Changes, Mergers / Acquisitions

Take-Two Interactive Software Agrees to Acquire Codemasters Group Holdings PLC

Published: 11/10/2020 13:19 GMT
Take-Two Interactive Software Inc (TTWO) - Take-two Interactive Software, Inc. Reaches Agreement for Recommended Acquisition of Codemasters Group Holdings Plc.
Take-two Interactive Software - Codemasters' Shareholders Entitled to Receive 120 Pence in Cash & 0.02834 Shares of Co for Each Share of Codemasters.
Take-two Interactive - Combination Expected to Be Accretive to Pro Forma Adjusted Net Income per Share From First Full Fiscal Year After Close.
Take-two Interactive Software Inc - Frank Sagnier, CEO of Codemasters, and Rashid Varachia, CFO of Codemasters, Will Continue to Lead Codemasters.
Take-two Interactive Software Inc - Transaction Values Each Codemasters' Share at 485 Pence & Implied Equity Value of About £759 Million.