Activision Buys Candy Crush Saga Creator King Digital for $5.9 Billion

on November 3, 2015 12:38 AM

Activision Blizzard Inc. agreed to purchase King Digital Entertainment, creator of the Candy Crush Saga, for a whopping $5.9 billion.

Activision will pay $18 a share in cash, a 16 percent premium to King Digital’s closing price of $15.54 on Monday in New York. The boards of both companies approved the transaction, according to California-based Activision studio Santa Monica.

This move unites the publishers of two major franchises, Activision with Call of Duty and King Digital with Candy Crush Saga.

 /  Staff Writer
A Reviews Editor at DualShockers who is always looking to improve her writing and delve deeper into the industry. She is shamelessly in love with JRPGs and can easily rack up 100+ hours from level grinding alone. Even though she graduated from Hofstra University with a B.A. in Public Relations, her talent and wisdom (read: blind luck) landed her a job at DualShockers, where she continues to plot her escape by betraying their secrets for power and world domination.