
The Logic Behind the Sky-High Candy Crush Deal
In its seemingly exorbitant purchase of the popular app’s creator, Activision Blizzard is just playing the game.
The fact that Activision Blizzard bought Candy Crush creator King Digital startled people less than the sheer size of the deal: $5.9 billion. As many noted, that’s almost $2 billion more than Disney paid for either Marvel or Lucasfilm. It’s more than twice the $2.5 billion Microsoft paid for Minecraft maker Mojang, a property that feels like it has more long-term staying power… read more