Tag : acquisition

Yahoo not ready to reveal details on bids

International Finance DeskApril 20, 2016

by International Finance DeskApril 20, 2016

Reports first quarter earnings; results in line with analysts’ expectations IFM Correspondent April 20, 2016: Yahoo on Tuesday announced its first quarter earnings which were better than what Wall Street had estimated. The company posted adjusted first quarter earnings per share of 8 cents, compared to 15 cents per share in previous year. Gross revenue...

Fintech

Youzu acquires Bigpoint; 30m to market new game Hocus Puzzle

International Finance DeskMarch 23, 2016

by International Finance DeskMarch 23, 2016

Acquisition will create significant market share for the joint entity in over 200 countries March 23, 2016 – Bigpoint GMBH, a global leader in free-to-play online and mobile gaming publishing announced that an agreement has been reached for the acquisition of Bigpoint GMBH by Youzu Interactive Co, Ltd. Subject to Chinese acquisition processes, the transaction is due...