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Playtonic Ends Discussions To Acquire Rovio

First reported by, Playtoinc have ended their ongoing negotiations to acquire Angry Birds’ developers Rovio.

Rovio released the following statement:

“The board of directors of Rovio confirms that the preliminary discussions with Playtika in connection with Rovio’s strategic review have now ended.”

“The Board of Directors of Rovio continues its strategic review, including preliminary non-binding discussions with certain other parties, in order to reach the best possible outcome for Rovio and its shareholders.”

“There can be no assurance that the strategic review and the preliminary non-binding discussions will result in any cash or other tender offer or any other transaction, or the pricing of any such possible transaction. Rovio will release further information at an appropriate time.”

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