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Zynga Inc (ZY3)

Frankfurt
Currency in EUR
Disclaimer
7.916
0.000(0.00%)
Closed

ZY3 Comments

Why not trading here?
Whar Is this Cybr Spce Experience. Talk about vertical reality.
Will we get a second bid?
this is been well manipulated can't believe this sh.. come on this deal is been upgraded to even deal than 12 billions and still down like this I bet you became options call exp on the 21th like always market ***
after hours should fly after final purchase is completed no way this will be at this level with a 12.6 billions evaluation ok 👌
14 $ will be ?
how? the bid is for just under 10usd a share...
what's going on seriously 😐
Zynga to 10$ end of week
Take-Two said it will acquire Zynga for $9.86 a share, a 64% premium to Zynga’s closing price Friday.
Buy any deep because by this news it will touch 9.86 by Friday off course need to do option
When will this deal be finalized?
Microsoft and PayPal was going to buy Pinterest it was over $60 now about$30 don't gambling with your saving they bringing news like after after few months later it is sinking let see price 2 months later now $8.70
what this means? will it go higher? 2 digits?
9.86 max
I feel bad whoever bought over 8.50
Zynga sold for $9.86 per share, let options and pregiven orders settle, you will see
Boom
Any reason why it doesnt rise to offer per share?
Merger arb. It should only go to deal price when completed. It reflects risk of deal falling apart
Thanks.. Most mergers Ive seen on my local market (Stockholm) sees the price match the offer direct
Hello Sebastian, the term of the deal are as follow : Zynga stockholders will receive $3.50 in cash and $6.361 in shares of Take-Two common stock for each share of Zynga common stock outstanding at the closing. The transaction is valued at 9.861 per share of Zynga common stock based on the market closing as of January 7, 2022, implying an enterprise value of approximately $12.7 billion. The transaction includes a collar mechanism on the equity consideration, so that if Take-Two’s 20-day volume weighted average price (“VWAP”) ending on the third trading day prior to closing is in a range from $156.50 to $181.88, the exchange ratio would be adjusted to deliver total consideration value of $9.86 per Zynga share (including $6.36 of equity value based on that VWAP and $3.50 in cash). If the VWAP exceeds the higher end of that range, the exchange ratio would be 0.0350 per share, and if the VWAP falls below the lower end of that range, the exchange ratio would be 0.0406 per share. To put it in simple terms, you will get more than 9.86$ if the 20d VWAP of Take-Two is higher than 181.88$, you will get less than 9.86$ if 20d VWAP of Take-Two is lower than 156.50$ and you will get exactly 8.96$ if it falls inbetween the range of 156.50 and 181.88. so the current price reflects the uncertainty of the outcome of the deal. Think of it as having a call on taketwo with a stirke price of 181.88 and being short put with a strike price of 156.50. Hope it helps 😉
premarket spike of 50% on the news to $9.0
i have Jan 2023 calls if i get a spike i will be out
Guys do you think it's better to sell the shares or wait to get the TTWO shares and the cash?
I'm wondering the same thing.
provided the deal goes through, TTWO shares and cash is guaranteed. sell ONLY if share price goes above 9.86 prior to deal.
damn 😍good for you guys
This price should become two digits by 2Q2022
16 will be ?
Probably 8+ by end of January. IMO should become two digits by 2Q2022
now it's the time to buy
no
Ridiculous
I hate owning this thing so much
short squeeze is coming
i dont get why this is so low I haven't bought yet but I think I will soon, does anybody have any information as to why its so low? I'm looking at cash on hand of 1.3 billion?? so I don't get it
Shortsellers as usual. No dividend policy makes shortelling cheap
...
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