China Gaming Giant Tencent Forks Over $400M For Majority Stake in Riot Games

The latest outbound Chinese deal to hit the market is Tencent's majority stake acquisition in Los Angeles-based Riot Games. The deal is estimated to be aroud $400M

The latest Chinese deal to hit the international games market is Tencent’s majority stake acquisition in Los Angeles-based Riot Games. The deal is estimated to be aroud $400M. More after the jump.