Activision Blizzard to Acquire King Digital Entertainment in $5.9 Billion Deal
Videogame company Activision Blizzard has agreed to acquire "Candy Crush Saga" owner King Digital Entertainment in a deal with a total equity value of $5.9 billion.
Under the deal, ABS Partners, a wholly owned subsidiary of "Call of Duty" maker Activision Blizzard, will buy all of King's outstanding shares for $18 each in cash.