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Posts Tagged ‘King Digital Entertainment Plc’

Mobile game maker King Digital Entertainment Plc priced its initial public offering on Tuesday at the mid-point of its expected range, valuing the Candy Crush Saga maker at about $7.1 billion despite questions about whether it can replicate the success of its smartphone smash-hit. The offering marks the largest United States IPO from a booming […]

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(Reuters) – Mobile game maker King Digital Entertainment Plc said that its IPO was priced at $22.50 per share, which would value the maker of Candy Crush Saga at about $7.08 billion when it goes public on Wednesday. Kings offering of 22.2 million shares would raise about $500 million at that price, which is at […]

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By Malathi Nayak and Gerry Shih SAN FRANCISCO (Reuters) – King Digital Entertainment Plc struck gold with Candy Crush Saga, the runaway hit that made its way onto hundreds of millions of smartphones and spawned a $1.5 billion franchise. Now, the rest of the smartphone game industry is waiting to see if King can pull […]

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