Willkie Farr & Gallagher LLP
03/29/2024 | News release | Distributed by Public on 03/29/2024 09:05
Willkie Advises Take-Two Interactive Software on Acquisition of The Gearbox Entertainment Company
Willkie Advises Take-Two Interactive Software on Acquisition of The Gearbox Entertainment Company
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March 29, 2024
Willkie is advising Take-Two Interactive Software, Inc. (NASDAQ: TTWO), one of the largest interactive entertainment companies in the world, on its $460 million acquisition of The Gearbox Entertainment Company from Embracer Group .
On March 27, Take-Two announced that it entered into a definitive agreement with Embracer Group to acquire The Gearbox Entertainment Company, an award-winning creator of industry-defining entertainment experiences, for $460 million in an all-stock deal. Take-Two will acquire Gearbox Entertainment's extensive portfolio of intellectual property, including full ownership of the successful Borderlands, Tiny Tina's Wonderlands and Homeworld franchises.
Willkie previously represented Take-Two in numerous transactions, including its $12.7 billion acquisition of Zynga in 2022.
Headquartered in New York City, Take-Two Interactive Software, Inc. is a leading developer, publisher, and marketer of interactive entertainment for consumers around the globe.
The Willkie team is led by partners Adam Turteltaub and Laura Acker and includes associates David Araoz and Megan Goss.
On March 27, Take-Two announced that it entered into a definitive agreement with Embracer Group to acquire The Gearbox Entertainment Company, an award-winning creator of industry-defining entertainment experiences, for $460 million in an all-stock deal. Take-Two will acquire Gearbox Entertainment's extensive portfolio of intellectual property, including full ownership of the successful Borderlands, Tiny Tina's Wonderlands and Homeworld franchises.
Willkie previously represented Take-Two in numerous transactions, including its $12.7 billion acquisition of Zynga in 2022.
Headquartered in New York City, Take-Two Interactive Software, Inc. is a leading developer, publisher, and marketer of interactive entertainment for consumers around the globe.
The Willkie team is led by partners Adam Turteltaub and Laura Acker and includes associates David Araoz and Megan Goss.