DoubleU Games to Acquire Remaining Stake in DoubleDown Interactive for $184M
DoubleU Games has announced an all-cash acquisition of the remaining publicly held ADSs of DoubleDown Interactive (DDI) at $11.25 per ADS, valuing the transaction at approximately $184 million. Each ADS represents 1/20 of a DDI common share. The deal is expected to consolidate DoubleU's ownership of DoubleDown Interactive.
Topics: acquisition corporate transaction merger stock buyback