Sega Sammy Holdings has made an offer to acquire the Angry Birds mobile game creator Rovio Entertainment, which admitted being in talks over a possible offer.
The Wall Street Journal had earlier reported on April 14 that a potential $1 billion deal between the two companies was close.
The Japanese company confirmed its bid to buy the Finnish game company for $775.8 million, according to a joint statement by both firms on April 17.
Sega said it will offer €10.15 per share for Rovio, an increase of 19 percent over the closing price of €8.53 at the end of trading last week. according to the Tokyo based company….