The rumor mills are churning this morning! According to a report by the New York Times, Rovio the developers of the amazingly popular Angry Birds series, turned down a buyout $2.25 billion dollar offer from Zegna earlier this past Summer.
Rovio has not confirmed this rumor, but the New York Times cited three sources that were briefed on the situation.
This isn’t the first time Zygna has failed at acquiring a juicy buyout target. Zygna failed to acquire Popcap (Makers of the awesome Plants vs Zombies and Bejeweled series) after Popcap declined their meager $950 million dollar offer in favor of Electronic Arts’ $1.3 Billion dollar offer. Good thinking Popcap
Rovio’s Angry Birds franchise has been a runaway success, spawning multiple games and merchandising offers. Rumors of an Angry Birds movie and amusement park have been churning on the internet for months now. Given Rovio’s one billion dollar evaluation, Rovio appears pretty confident that they can continue their success without Zygna’s help.
Filed under: Angry Birds News
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