No. 1 U.S. video game publisher Activision Blizzard is acquiring ‘Candy Crush Saga’ parent King Digital for $5.9 billion.
Sourced through Scoop.it from: www.usatoday.com
The top video game publisher in the U.S. is acquiring Candy Crush Saga-maker King Digital for $5.9 billion. In a deal announced late Monday, Activision Blizzard — publisher of popular video games Call of Duty and Destiny — will acquire all outstanding King shares for $18.00 in cash per share, a 20% premium to King’s Oct. 30 closing share price. The deal brings together two of the top five highest-grossing mobile games in the U.S. (Candy Crush Saga and Candy Crush Soda Saga), with the top global console video-game franchise in Call of Duty, and the world’s biggest PC game franchise, World of Warcraft, the companies said.