Did Activision Overpay for Candy Crush?

Did Activision Overpay for Candy Crush?

In 2015, Activision Blizzard (NASDAQ: ATVI) entered into an agreement to acquire King Digital, the parent company of the popular mobile game Candy Crush. How much did it cost Activision Blizzard? In November 2015, Activision announced that it would be buying King Digital for $5.9 billion in cash.