‘Angry Birds’ Maker Rovio’s Sale Talks With Israel’s Playtika End, Strategic Review Continues

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‘Angry Birds’ Maker Rovio’s Sale Talks With Israel’s Playtika End, Strategic Review Continues
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“Preliminary discussions … have now ended,” the companies say, but Rovio is continuing to explore options, including 'preliminary non-binding discussions with certain other parties.'

1V1.LOLand Playtika have now ended,” Playtika said on Tuesday without providing further details.

Rovio made a similar statement. “The board of directors of Rovio continues its strategic review, including preliminary non-binding discussions with certain other parties, in order to reach the best possible outcome for Rovio and its shareholders,” it also added. “There can be no assurance that the strategic review and the preliminary non-binding discussions will result in any cash or other tender offer or any other transaction, or the pricing of any such possible transaction.

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