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Sega to acquire Angry Birds maker Rovio for $776 million

Sega has made an offer for the maker of the Angry Birds puzzle game, Rovio Entertainment Oyj, valued at $776 million. The offer is for the entirety of Rovio's outstanding shares and options, valuing the stocks at 9.25 euros per share, a roughly 19% premium to their closing price before the announcement. Rovio's board is in support of the offer, and the company is planning to use Rovio to expand its presence in the mobile gaming market.

The post Sega to Acquire Angry Birds maker Rovio for $776 million appeared first on Balanced News Summary.



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Sega to acquire Angry Birds maker Rovio for $776 million

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