Grand Theft Auto Comes to Farmville, The Hidden Costs of Trading
Motley Fool Hidden Gems Investing
The Motley Fool
4.3 • 3.1K Ratings
🗓️ 10 January 2022
⏱️ 30 minutes
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| 0:00.0 | Today on Motley Full Money, a closer look at trading costs. |
| 0:09.1 | And what do you get when you cross Farmville with Grand Thaft Auto? |
| 0:12.9 | That's coming up right now. |
| 0:15.4 | I'm Chris Hill, joined by Motley Full Senior Analyst, Asset Sharma. |
| 0:25.6 | Thanks for being here. |
| 0:26.6 | Chris, thank you for having me. |
| 0:28.4 | We've also got a warning in the retail industry and yet another self-driving vehicle. |
| 0:33.3 | But we're going to start with the deal of the day. |
| 0:36.0 | Take two interactive is buying Zinga. |
| 0:38.7 | In a cash and stock deal worth $12.7 billion, Take two has a number of gaming brands under |
| 0:46.9 | its umbrella. |
| 0:48.6 | Probably best known for things like Grand Thaft Auto and BioShock. |
| 0:52.8 | Zinga probably still best known for Farmville. |
| 0:56.4 | But it's a mobile company and that's a fast growing segment within the gaming industry. |
| 1:04.8 | Interesting to me that Zinga apparently didn't go shopping themselves around. |
| 1:10.3 | Take two interactive came knocking at their door and technically Zinga still has 45 days |
| 1:16.2 | to shop for a higher price. |
| 1:18.9 | But for now, let's just assume that this deal is going to go through. |
| 1:24.0 | Do you think that Take two interactive is paying too much because when you look at shares |
| 1:28.2 | of Take two falling a bit today, that seems to be the reaction on Wall Street. |
| 1:33.5 | They're paying too much for Zinga. |
| 1:35.5 | Chris, I don't think they're paying too much. |
... |
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