Candy Crush Maker’s IPO Could Value It At More Than $7 Billion




Is the maker of Candy Crush Saga worth more than $ 7 billion? We’re about to find out.

King Digital Entertainment, the company behind the hugely popular Candy Crush mobile game, said in an SEC filing Wednesday that it plans to price its IPO at between $ 21 to $ 24 a share. At the high-end of that range, King would raise $ 533 million and be valued at about $ 7.6 billion.

King filed paperwork to go public in February after months of rumors about a planned IPO. Some have questioned whether King’s IPO would suffer the same setbacks as Zynga, another gaming company, as it struggles to replicate the tremendous success of Candy Crush Read more…

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