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Activision Blizzard to buy ‘Candy Crush’ maker King for US$5.9 billion

REUTERS: Video game maker Activision Blizzard Inc said it will buy “Candy Crush Saga” creator King Digital Entertainment for US$5.9 billion to strengthen its mobile games portfolio. ABS Partners CV, a unit of Activision Blizzard, will acquire King shares for US$18 each in cash, representing a premium of 16 percent to King’s closing price on Monday. The addition of King’s ...

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