Deals
Zynga Strikes $560 Million Deal for Mobile Gamemaker Small Giant
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Photographer: David Paul Morris/Bloomberg
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Zynga Inc. agreed to pay $560 million for Small Giant Games, which makes the Empires & Puzzles role-playing game that’s popular on Android phones.
The social gaming pioneer is buying 80 percent of Small Giant, according to a statement Thursday. Zynga is funding the purchase of the Helsinki-based company with $330 million in cash and $230 million in new common stock.