Tencent to grow gaming empire with $148M acquisition of Conan publisher Funcom in Norway

Found 29 days ago at TechCrunch

Funcom is traded publicly on the Oslo Stock Exchange, and the board has already recommended the offer, which is being made at NOK 17 per share, or around 27% higher than its closing share price the day before Tuesday. The news is being made with some interesting timing. Today, Tencent competes against the likes of Sony, Microsoft and Nintendo in terms of mass market, gaming revenues. But just...

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