Report: Candy Crush Saga developer King files for IPO
Candy Crush Saga developer King has filed “S-1” documents associated with an initial public offering (IPO) with the Securities and Exchange Commission in the US. As reported by The Telegraph, the IPO is expected to value the massive social and casual game developer at more than $5 billion.
King was in talks with J.P. Morgan Chase & Co., Credit Suisse Group and Bank of America concerning a potential IPO back in June, following the first rumors of a King IPO last year.
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