WEBTOON Entertainment To Acquire A 60% Stake In RI Games Holdings For An Aggregate Purchase Price Of ~$100M, Funded With Cash On Hand
WEBTOON Entertainment has agreed to acquire a 60% stake in RI Games Holdings for an aggregate purchase price of approximately $100M, funded with cash on hand. The acquisition will occur in two installments, the first at
WEBTOON is buying a big piece of a game company called RI Games for about $100 million using money it already has. This shows WEBTOON thinks games are important to its future and has the cash to make big moves.
Last session drawn · prints held ~15 minutes · licensed exchange data
Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
Disclosure: Educational and informational purposes only — not financial advice. We educate, not advise. Market data may be delayed up to 15 minutes unless marked real-time. Past performance is not indicative of future results.