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17.04 / 05:51
Platform Mobile Action Sega to Acquire ‘Angry Birds’ Developer Rovio for $1 Billion: Report
Japan's Sega Sammy Holdings Inc said on Monday it was considering acquiring Finland's Rovio Entertainment Oyj but that nothing had been decided yet, sending its shares lower amid investor doubts about synergy prospects. The Wall Street Journal reported last week that Sega Sammy was nearing a deal to buy the Finnish firm behind the mobile game Angry Birds for about $1 billion (approximately Rs. 8,200 crore). Rovio has said it was in talks with Sega Sammy over a possible tender offer.
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