Activision Blizzard Inks $5.9B Buyout Of King Digital
By Chelsea Naso (November 3, 2015, 7:07 AM EST) -- Activision Blizzard, the company behind games like Call of Duty and World of Warcraft, said it will pay $5.9 billion to take private equity-backed mobile game maker King Digital private less than two years after the company behind Candy Crush Saga went public.
Candy Crush Saga maker King Digital listed its shares on the New York Stock Exchange in March 2014, drawing roughly $500 million. (Credit: AP) Snapping up U.K.-based King Digital Entertainment Plc, which counts Apax Partners among its backers, will boost Activision Blizzard Inc.'s line of interactive entertainment for mobile, console and computer platforms, paving the way for future...
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