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Activision-Blizzard Acquires King

Activision-Blizzard and King Digital Entertainment have released a joint statement announcing that Activision-Blizzard has acquired the mobile development company.  King is most famous for Candy Crush Saga and has released numerous successful mobile titles under the free-to-play business model.  Activision-Blizzard acquired the company at $18 per share for a total of $5.9 billion.  It doesn't appear…

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