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home / news releases / PLTK - Playtika boosts all-cash offer for Rovio to 60% premium

PLTK - Playtika boosts all-cash offer for Rovio to 60% premium

Playtika Holding Corp.

  • Playtika ( NASDAQ: PLTK ) has boosted its offer price to acquire Finland's Rovio Entertainment ( OTCPK:RVTTY ), the maker of venerable mobile game hit franchise Angry Birds.
  • Israel-based Playtika has increased its offer to €9.05 per share in cash - about a 60% premium to Rovio's share price in Helsinki.
  • It's an improvement over an initial proposal for €8.50 per share submitted Nov. 16.
  • “We firmly believe the combination of Rovio’s renowned IP and scale of its user base, together with our best-in-class monetization and game operations capabilities, will create tremendous value for our shareholders,” said Playtika CEO Robert Antokol.

For further details see:

Playtika boosts all-cash offer for Rovio to 60% premium
Stock Information
Company Name: Playtika Holding Corp.
Stock Symbol: PLTK
Market: NASDAQ
Website: playtika.com
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