With 2,900 levels of content, Two Dots was selected as an Editor's Choice in both the Google Play Store and Apple App Store. They are best known for Two Dots, which has been downloaded over 80 million times since its launch six years ago and that continues to deeply engage audiences throughout the world. The studio has created three mobile hits, Dots, Two Dots and Dots & Co., which have been downloaded over 100 million times. The acquisition is expected to close in the third calendar quarter of 2020, subject to customary closing conditions.įounded in 2013 and based in New York City, Playdots builds mobile games with unique and thoughtful designs. The purchase price assumes a debt-free, cash-free company with a normalized level of net working capital (excluding cash) at the time of the closing of the acquisition. The number of Take-Two shares will be calculated by dividing $102 million by the average closing price per share on the Nasdaq Global Select Market during the thirty trading day period ending on the date three days prior to the closing date. for $192 million, comprised of $90 million in cash and the balance in newly issued shares of Take-Two common stock The cash portion will be funded from Take-Two’s cash on hand. (NASDAQ:TTWO) today announced that it has entered into a definitive agreement to acquire privately-held Playdots, Inc. NEW YORK-( BUSINESS WIRE)-Take-Two Interactive Software, Inc.
0 Comments
Leave a Reply. |