Activision Blizzard today announced that it will acquire King Digital Entertainment, creator of the most popular Candy Crush Saga game for $5.9 billion. King’s shareholders will receive $18.00 in cash per share comprising a total equity value of $5.9 billion and an enterprise value of $5.0 billion. The addition of King’s highly-complementary business further positions Activision Blizzard for growth across platforms, audiences, genres, and business models, said the company. Continue reading “Activision to acquire Candy Crush developer King for $5.9 Billion”