During the height of Angry Bird madness in 2012, Rovio reportedly turned down a $2 billion acquisition offer from Zynga.
What just happened? Sonic will soon have some new avian friends to mingle with as Sega has agreed to purchase Angry Birds maker Rovio Entertainment. The Japanese video game giant is paying 9.25 euro per share and 1.48 euro per option for Rovio, which works out to a total of approximately 706 million euro or around $772 million. The purchase price represents roughly a 19 percent premium over Rovio’s closing price last Friday but is far from what a sale at an earlier date could have brought.
During the height of Angry Bird madness in 2012, Rovio reportedly turned down a $2 billion acquisition offer from Zynga.
