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Text: Zynga Inc. (NASDAQ:ZNGA) shares were trading significantly higher Monday after the company announced it will be acquired by Take-Two Interactive Software Inc. (NASDAQ:TTWO). 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 outstanding at the closing of the transaction.
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moderately positive
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