Activision Blizzard Buys Maker Of “Candy Crush” For $5.9B

Activision Blizzard Buys Maker Of “Candy Crush” For $5.9B
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Activision Blizzard will acquire “Candy Crush Saga” creator King Digital Entertainment (KING.N) as part of a drive into the mobile gaming market.

Video game heavyweight Activision wants to profit from the faster-growing mobile gaming market and is willing to spend big to do so. At $5.9 billion the acquisition is the biggest ever of a mobile gaming company, according to Reuters.

Massif Capital’s Top Short Bets In The Real Asset Space [Exclisuve]

Screenshot 2022 08 10 18.57.51 1Since its founding by Will Thomson and Chip Russell in June 2016, the Massif Capital Real Asset Strategy has outperformed all of its real asset benchmarks. Since its inception, the long/short equity fund has returned 9% per annum net, compared to 6% for the Bloomberg Commodity Index, 3% for the 3 MSCI USA Infrastructure index Read More