Take-Two To Acquire Codemasters For $994 Million

Take-Two Interactive, the holding company which owns publishers Rockstar and 2K, is now set to buy UK developer Codemasters, the studio behind racing franchises such asProject Cars, Dirt and F1. Word of the buyout spread last week when Take-Two announced that it was discussing with Codemasters about a potential buyout before confirming that Take-Two would acquire Codemasters for $994 million. The acquisition is expected to be completed sometime in the first quarter of 2021.Strauss Zelnick, chairman and CEO of Take-Two, told Buisnesswire, “Codemasters has a renowned history of creating some of …

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