Candy Crush Saga maker King Digital Entertainment has announced its initial plan to go public via a Securities and Exchange Commission filing. The firm expects to sell 22.2 million shares with each going for $21 to $24 per share. The firm will have 315 million shares available after going public, which would put earnings from shares put make the firm worth $7.6 billion at the top end. In September, King’s IPO was expected to be worth a $5 billion valuation. King expects to raise close to $326 million through IPO. Thanks, GI International.
After watching this fan-made video for Midnight Club, we really want Rockstar, get started on another one.
Splatoon 2 players are being handed a new weapon.
Pokemon Go Fest is a bit of a mess and Niantic's CEO got booed - but you're getting $100 PokeCoins for your trouble
The first Pokemon Go Fest hasn’t gone off without a hitch. Or two. Or even three. But, there’s a silver lining for those at home.
Call of Duty. World of Warcraft. Skylanders. Destiny. And now: Candy Crush.
King has settled trademark disputes over The Banner Saga and CandySwipe, the Stoic Studio and Albert Ransom developed titles, respectively.
King Digital Entertainment