Sega Agrees To Buy Rovio Entertainment
View Source | April 17, 2023 12:30 pm
- Japanese video game developer Sega Sammy Holdings Inc. is purchasing Rovio Entertainment, the Finish-based video game developer that created Angry Birds, for about $776 million.
- Sega offered $10.17, per share to Rovio shareholders and $1.63, per option to the company’s option holders, a Sega statement released on Monday read.
- Rovio’s board unanimously recommended shareholders accept the offer, which is supported by 49% of shareholders, including Rovio’s founding Hed family.
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