The deal, expected to be completed in the third quarter, will comprise $900 million in cash and $900 million in stock, Zynga said. The company has been strengthening its hold on the mobile gaming market through acquisitions and licensing agreements with media outlets to publish themed games of popular franchises. Zynga also raised its full-year bookings forecast to $1.84 billion from $1.80 billion, which excludes any contribution from the Peak deal. …read more
Source:: Yahoo Finance
