{"id":12673,"date":"2023-04-17T06:18:18","date_gmt":"2023-04-17T06:18:18","guid":{"rendered":"http:\/\/lynettelockhart.com\/client\/sega-offers-776-million\/"},"modified":"2023-04-17T06:20:27","modified_gmt":"2023-04-17T06:20:27","slug":"sega-offers-776-million","status":"publish","type":"post","link":"http:\/\/lynettelockhart.com\/client\/sega-offers-776-million\/","title":{"rendered":"Sega offers $776 million for Angry Birds maker Rovio"},"content":{"rendered":"

HELSINKI (Reuters) – Japan’s Sega Sammy Holdings Inc has agreed to launch an offer for Finland’s Rovio Entertainment, the maker of the Angry Birds mobile game, for 706 million euros ($775.8 million), the companies said in a joint statement on Monday.<\/p>\n

Tokyo-based Sega will offer 9.25 euros per share for Rovio, a 19% premium over Friday’s closing price of 7.775 euros.<\/p>\n

Rovio, which has been conducting a strategic review, on Saturday said it was in talks with Sega over a possible tender offer. The Wall Street Journal had reported on Friday that a deal between the two companies was imminent.<\/p>\n

Israeli peer Playtika had made a preliminary bid in January to buy Rovio for 683 million euros, but the Angry Birds maker confirmed last month talks had ended.<\/p>\n

($1 = 0.9101 euros)<\/p>\n

\n

(Reporting by Terje Solsvik, editing by Louise Rasmussen)<\/p>\n

\"tagreuters.com2023binary_LYNXMPEJ3G056-VIEWIMAGE\"<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

HELSINKI (Reuters) – Japan’s Sega Sammy Holdings Inc has agreed to launch an offer for Finland’s Rovio Entertainment, the maker of the Angry Birds mobile game, for 706 million euros ($775.8 million), the companies said in a joint statement on Monday. Tokyo-based Sega will offer 9.25 euros per share for Rovio, a 19% premium over […]<\/p>\n","protected":false},"author":8,"featured_media":12674,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":""},"categories":[1220],"tags":[],"class_list":["post-12673","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-u-s-technology"],"jetpack_featured_media_url":"http:\/\/lynettelockhart.com\/client\/wp-content\/uploads\/Reuters_Direct_Media\/USOnlineReportTechnologyNews\/tagreuters.com2023binary_LYNXMPEJ3G056-VIEWIMAGE.jpg","_links":{"self":[{"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/posts\/12673","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/comments?post=12673"}],"version-history":[{"count":1,"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/posts\/12673\/revisions"}],"predecessor-version":[{"id":12675,"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/posts\/12673\/revisions\/12675"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/media\/12674"}],"wp:attachment":[{"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/media?parent=12673"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/categories?post=12673"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/tags?post=12673"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}