Activision Welcomes King Into Its Court

The deal isn’t done, but Activision Blizzard already was calling itself a “crowned leader” earlier this week, as it anticipated acquiring Candy Crush publisher King Digital Interactive. Both companies’ boards of directors are on board with the acquisition, and the two sides have signed a “definitive agreement” that entails Activision Blizzard picking up King’s outstanding shares. Those outstanding shares, going for $18 per, total $5.9 billion, and that’s what Activision will pay to bring King into its court.

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