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Angry Birds maker Rovio's shareholders accept Sega's bid


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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 on Thursday (Aug 10).

Rovio said in a statement that 96.3 per cent of its shareholders had accepted the offer, which values the company at more than 700 million euros (S$1 billion).

The offer was contingent on more than 90 per cent acceptance.

“As the minimum acceptance condition and all other conditions to complete the offer have been fulfilled, the offeror will complete the offer in accordance with its terms and conditions,” Rovio said.

The deal marks the end of the independence of the Finnish mobile game industry, which burst onto the scene when Rovio launched its slingshot-bird game more than a decade ago.

The acquisition is part of Sega’s “long-term goal” of expanding into the mobile gaming market, Sega CEO Haruki Satomi said when the deal was announced in April.

So does mean this deal Is now completed by both parties and looks like everything has gone through.

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Calling it now,superstars with have a 1.0 patch that lets you toggle Angry Birds to release from the end of Zone capsule!

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