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03-26-2014, 01:36 AM
'Candy Crush' Developer King Raises $500 Million at IPO
http://rack.2.mshcdn.com/media/ZgkyMDE0LzAzLzI1L2UzL0NhbmR5Q3J1c2guZGI1YTIuanBnCn AJdGh1bWIJNTc1eDMyMyMKZQlqcGc/28ae90c0/3ce/Candy-Crush.jpghttp://rack.3.mshcdn.com/assets/feed-tw-df3e816c4e85a109d6e247013aed8d66.jpg (http://twitter.com/share?via=Mashable&text=%27Candy+Crush%27+Developer+King+Raises+%2450 0+Million+at+IPO&src=http%3A%2F%2Fmashable.com%2F2014%2F03%2F25%2Fc andy-crush-ipo-2%2F%3Futm_campaign%3DMash-Prod-RSS-Feedburner-All-Partial%26utm_cid%3DMash-Prod-RSS-Feedburner-All-Partial%26utm_medium%3Dfeed%26utm_source%3Drss)htt p://rack.1.mshcdn.com/assets/feed-fb-fdab25e3700868c9621fb03b7fd07c38.jpg (http://www.facebook.com/sharer.php?u=http%3A%2F%2Fmashable.com%2F2014%2F03 %2F25%2Fcandy-crush-ipo-2%2F%3Futm_campaign%3DMash-Prod-RSS-Feedburner-All-Partial%26utm_cid%3DMash-Prod-RSS-Feedburner-All-Partial%26utm_medium%3Dfeed%26utm_source%3Drss&src=sp)
King, maker of the breakout mobile game Candy Crush, raised just less than $500 million in its IPO, the company an**unced in a filing released after the market closed on Tuesday.
The $22.50 per share price came within the initial range of $21 to $24 per share set by the company, and values the company at around $7 billion.
See also: 'Candy Crush Saga' Developer King Files for IPO (http://mashable.com/2014/02/18/candy-crush-saga-king-ipo/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial&utm_medium=feed&utm_source=rss)
The company boasts one of the most successful mobile games of all time in Candy Crush, which averaged 93 million users in December.
The company is issued 22.2 million shares, which will begin trading on the New York Stock Exchange on Wednesday under the ticker symbol KING. Read more... (http://mashable.com/2014/03/25/candy-crush-ipo-2/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial&utm_medium=feed&utm_source=rss)
More about King (http://mashable.com/category/king/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial&utm_medium=feed&utm_source=rss), Candy Crush Saga (http://mashable.com/category/candy-crush-saga/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial&utm_medium=feed&utm_source=rss), and Candy Crush (http://mashable.com/category/candy-crush/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial&utm_medium=feed&utm_source=rss)http://ad.doubleclick.net/ad/mash.to/rss;pos=atf;tag=ad;mtype=standard;type=rss;sz=300x 250;ord=1395786914 (http://ad.doubleclick.net/jump/mash.to/rss;pos=atf;tag=ad;mtype=standard;type=rss;sz=300x 250;ord=1395786914)http://feeds.feedburner.com/~r/Mashable/~4/GHtS0NqF3xY
http://rack.2.mshcdn.com/media/ZgkyMDE0LzAzLzI1L2UzL0NhbmR5Q3J1c2guZGI1YTIuanBnCn AJdGh1bWIJNTc1eDMyMyMKZQlqcGc/28ae90c0/3ce/Candy-Crush.jpghttp://rack.3.mshcdn.com/assets/feed-tw-df3e816c4e85a109d6e247013aed8d66.jpg (http://twitter.com/share?via=Mashable&text=%27Candy+Crush%27+Developer+King+Raises+%2450 0+Million+at+IPO&src=http%3A%2F%2Fmashable.com%2F2014%2F03%2F25%2Fc andy-crush-ipo-2%2F%3Futm_campaign%3DMash-Prod-RSS-Feedburner-All-Partial%26utm_cid%3DMash-Prod-RSS-Feedburner-All-Partial%26utm_medium%3Dfeed%26utm_source%3Drss)htt p://rack.1.mshcdn.com/assets/feed-fb-fdab25e3700868c9621fb03b7fd07c38.jpg (http://www.facebook.com/sharer.php?u=http%3A%2F%2Fmashable.com%2F2014%2F03 %2F25%2Fcandy-crush-ipo-2%2F%3Futm_campaign%3DMash-Prod-RSS-Feedburner-All-Partial%26utm_cid%3DMash-Prod-RSS-Feedburner-All-Partial%26utm_medium%3Dfeed%26utm_source%3Drss&src=sp)
King, maker of the breakout mobile game Candy Crush, raised just less than $500 million in its IPO, the company an**unced in a filing released after the market closed on Tuesday.
The $22.50 per share price came within the initial range of $21 to $24 per share set by the company, and values the company at around $7 billion.
See also: 'Candy Crush Saga' Developer King Files for IPO (http://mashable.com/2014/02/18/candy-crush-saga-king-ipo/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial&utm_medium=feed&utm_source=rss)
The company boasts one of the most successful mobile games of all time in Candy Crush, which averaged 93 million users in December.
The company is issued 22.2 million shares, which will begin trading on the New York Stock Exchange on Wednesday under the ticker symbol KING. Read more... (http://mashable.com/2014/03/25/candy-crush-ipo-2/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial&utm_medium=feed&utm_source=rss)
More about King (http://mashable.com/category/king/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial&utm_medium=feed&utm_source=rss), Candy Crush Saga (http://mashable.com/category/candy-crush-saga/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial&utm_medium=feed&utm_source=rss), and Candy Crush (http://mashable.com/category/candy-crush/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial&utm_medium=feed&utm_source=rss)http://ad.doubleclick.net/ad/mash.to/rss;pos=atf;tag=ad;mtype=standard;type=rss;sz=300x 250;ord=1395786914 (http://ad.doubleclick.net/jump/mash.to/rss;pos=atf;tag=ad;mtype=standard;type=rss;sz=300x 250;ord=1395786914)http://feeds.feedburner.com/~r/Mashable/~4/GHtS0NqF3xY