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Zynga Inc completes acquisition of NaturalMotion - Form 8-K

Tuesday, 11 Feb 2014 04:32pm EST 

Zynga Inc:Says on Feb 11, it completed its previously announced purchase of all of the outstanding shares of NaturalMotion Limited, a U.K. company limited by shares, pursuant to the share purchase agreement.Says at the closing, the company paid about $391 million in cash and issued about 39.8 million shares of Zynga‚Äôs class A common stock.Says pursuant to the purchase agreement, $50 million of the cash and stock consideration was placed into an escrow fund to settle losses arising out of any inaccuracy in, or breaches of, the warranties and covenants of NaturalMotion. 

Company Quote

-0.04 -1.48%
26 Dec 2014