Electronic Arts (EA) and Glu Mobile (GLUU) $2.1bn acquisition information including expected completion date, offer price and contact details are displayed in the acquisition details table below. An invaluable buyout factsheet for traders and investors looking to trade the merger arbitrage spread.
This deal was successfully consummated on April 29, 2021
Acquisition Details | Value |
---|---|
Acquisition Target Stock Name | Glu Mobile |
Acquisition Target Stock Ticker | GLUU |
Acquirer Stock Name | Electronic Arts (EA) |
Announcement Date | February 10, 2021 |
Target Attitude | FRIENDLY TAKEOVER |
Expected Completion Date | June 30, 2021 |
Deal Value | $2,171,837,500 |
Offer Price | $12.50 |
Payment Method | All Cash Deal |
Initial SEC Filing | 8-K |
Investor Relations | IR@glu.com |
Actual Completion Date | April 29, 2021 |
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Glu Mobile (NASDAQ: GLUU) Acquisition
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Glu Mobile (NASDAQ: GLUU) Acquisition - Merger News and Events
The major acquisition news updates & events of Glu Mobile (GLUU) by Electronic Arts (EA) are listed below. A comprehensive data source for
- Traders looking to familiarize themselves with the Electronic Arts (EA) buyout of Glu Mobile (GLUU) and trade the merger arbitrage spread
- Existing shareholders and investors wishing to stay abreast of the latest deal developments.
Following the acquisition news section, there is an in-depth company profile.
Glu Mobile Company Profile
Glu Mobile Inc. develops, publishes, and markets a portfolio of free-to-play mobile games for the users of smartphones and tablet devices. It publishes titles primarily in four genres, including lifestyle, casual, mid-core, and sports and outdoors. The company’s portfolio of compelling games based on its own intellectual property, such as Cooking Dash, Covet Fashion, Deer Hunter, Design Home, Diner DASH Adventures, and QuizUp, as well as games based on or significantly incorporating third party licensed brands, including Kim Kardashian: Hollywood, MLB Tap Sports Baseball, and Restaurant Dash with Gordon Ramsay, as well as Disney Sorcerer’s Arena.
It markets, sells, and distributes its games primarily through direct-to-consumer digital storefronts, such as the Apple App Store, Google Play Store, and others. The company was formerly known as Sorrent, Inc. and changed its name to Glu Mobile Inc. in May 2005. Glu Mobile Inc. was founded in 2001 and is headquartered in San Francisco, California.
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