Angry Birds Maker Rovio s Shareholders Accept Sega s Bid barrons.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from barrons.com Daily Mail and Mail on Sunday newspapers.
Shareholders of Finland's Rovio, creator of the Angry Birds franchise, have overwhelmingly accepted Japanese Sega's offer to buy the company, allowing the deal to go through, the Finnish company said Thursday.Rovio said in a statement that 96.3 percent of its shareholders had accepted the offer, which values the company at more than 700 million euros ($770 million).
Shareholders of Finland s Rovio, creator of the Angry Birds franchise, have overwhelmingly accepted Japanese Sega s offer to buy the company, allowing the deal to go through, the Finnish company said Thursday.
Angry Birds swiftly became one of the most successful mobile games ever after it was released in 2009, with a variety of birds flying through the air to crash into structures and take down armies of green pigs. In 2016, the "Angry Birds" movie, produced by Sony Entertainment, was a massive success that grossed $350 million worldwide.