Sega Agrees To Buy Rovio Entertainment

  • 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.
Click to read full article

Sign Up for Our Newsletter

Join our list!

Sign up here to get our daily newsletter with the top trending headlines.