Take-Two Interactive Just Gave Investors a Rare $1.2 Billion Surprise
Video game company Take-Two Interactive (NASDAQ: TTWO) has been in the news lately because of its proposed acquisition of mobile-game developer Zynga (NASDAQ: ZNGA) at a valuation of $12.7 billion. And as a Zynga shareholder, I'm excited by what the future holds for the combined companies.
That said, the deal isn't final and there's a small chance that it won't happen. What happens if Take-Two Interactive doesn't acquire Zynga? Well, the company just gave shareholders financial projections through 2025 as a stand-alone business. And within those projections, there's a $1.2 billion reason I believe Take-Two stock can be a market-beating investment.
Image source: Getty Images.
Source Fool.com