Scalper1 News
Video game publisher Activision Blizzard (ATVI) is satisfying its sweet tooth for acquisitions by buying mobile game maker King Digital Entertainment (KING), best known for “Candy Crush Saga.” Activision announced late Monday that it has agreed to pay $18 in cash per share for London-based King, in a deal worth $5.9 billion. The offer is a 20% premium over King’s Friday closing price. King shares jumped 3.9% to 15.54 on Monday in heavy volume Scalper1 News
Scalper1 News