secwatch.observer — SEC 8-K summary
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Issuer:     TAKE TWO INTERACTIVE SOFTWARE INC (TTWO)
CIK:        0000946581
Form:       8-K/A
Filed at:   2022-08-05T23:59:59+00:00
Accession:  0001628280-22-021369
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.70
Item codes: 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Take-Two completes Zynga acquisition; pro forma FY2022 net loss $409M
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- Pro forma combined net revenue $6.3B for FY ended March 31, 2022, vs. Take-Two standalone $3.5B.
- Pro forma net loss of $409M; diluted EPS loss of $2.46 vs. Take-Two diluted EPS of $3.58 standalone.
- Deal consideration: 0.0406 shares of TTWO plus $3.50 cash per Zynga share; total funding $2.7B notes, $350M term loan, $200M revolver.
- Pro forma total assets $17.8B; goodwill $7.1B and other intangibles $5.6B recorded from acquisition accounting.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/946581/000162828022021369/0001628280-22-021369-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/946581/000162828022021369/ttwo-20220520.htm
  HTML page:      https://secwatch.observer/filing/0001628280-22-021369

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer