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Here’s what you need to know today in startup and venture news, updated by the Crunchbase News staff throughout the day to keep you in the know.

Take-Two Interactive to buy Zynga for $12.7B

Game publisher says it plans to acquire mobile gaming company in a cash and stock deal valued around $12.7 billion.

Under the terms of the proposed deal, shareholders of Zynga, which trades on , will receive $3.50 in cash and $6.36 in shares of Take-Two common stock for each share of Zynga common stock. The purchase price represents a premium of 64 percent to Zynga鈥檚 closing share price on Friday.

— Joanna Glasner

Ankorstore raises $283M

Paris-based , an online marketplace that connects local retailers with brands and products not typically available at giant online retailers, raised 250 million euros ($283 million) in a Series C round led by and . The financing sets a valuation around $2.25 billion for the 3-year-old company.

— Joanna Glasner

Funding round

Korea’s Qraft lands $146M for AI-enabled investment: Seoul-based , a developer of AI-enabled tools for making investment decisions, reportedly in a funding round backed by .

— Joanna Glasner

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