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ZYNGA INC. (ZNGA) STOCK INVESTIGATION: HALPER SADEH LLP ANNOUNCES INVESTIGATION INTO WHETHER THE SALE OF ZYNGA INC. IS FAIR TO SHAREHOLDERS; INVESTORS ARE ENCOURAGED TO CONTACT THE FIRM – ZNGA
January 10, 2022.
New York, New York—Halper Sadeh LLP, a global investor rights law firm, is investigating whether the sale of Zynga Inc. (NASDAQ: ZNGA) to Take-Two Interactive Software, Inc. is fair to Zynga shareholders. Under the terms of the merger, Zynga stockholders will receive $3.50 in cash and $6.36 in shares of Take-Two common stock for each share of Zynga common stock that they own.
The investigation concerns whether Zynga and its board of directors violated the federal securities laws and/or breached their fiduciary duties to shareholders by failing to, among other things: (1) obtain the best possible consideration for Zynga shareholders; (2) determine whether Take-Two is underpaying for Zynga; and (3) disclose all material information necessary for Zynga shareholders to adequately assess and value the merger consideration. On behalf of Zynga shareholders, Halper Sadeh LLP may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits.
Halper Sadeh LLP represents investors all over the world who have fallen victim to securities fraud and corporate misconduct. Our attorneys have been instrumental in implementing corporate reforms and recovering millions of dollars on behalf of defrauded investors.
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