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Activision Acquires King Digital for $6B

Activision Blizzard will acquire King Digital Entertainment for $5.9 billion. The deal extends the purview of a company primarily associated with creating games like “Call of Duty” for consoles like Xbox and PlayStation into a smart-phone market. King is the company behind the “Candy Crush” franchise. http://variety.com/2015/digital/news/activision-blizzard-to-acquire-king-digital-entertainment-for-5-9-billion-1201632152/ #EntertainmentBiz

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