Glu Mobile Receives $126M from 15% Stake Sale to Tencent – Analyst Blog

By | May 1, 2015
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Recently, Glu Mobile, Inc.GLUU sold a 14.6% stake to Tencent Holdings Ltd., a leading Chinese gaming company, for $126 million. Per the deal, Tencent bought the shares at a rate of $6.00, reflecting an 11% premium on the current Scalper1 News

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