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Glu Mobile soars 34% after Electronic Arts agrees to $2.4 billion takeover

2 monthes ago   |   By Business Insider

Andrew Wilson, CEO of Electronic Arts
Kevork Djansezian / Stringer
Smartphone game developer Glu Mobile and Electronic Arts have agreed to a $2.4 billion merger. Glu Mobile developed the popular smartphone game, Kim Kardashian: Hollywood, among others. Shares of Glu surged as much as 34% on Tuesday following the takeover news. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. Glu Mobile surged as much as 34% on Tuesday after Electronic Arts agreed to acquire the mobile game developer for $2.4 billion. Glu develops mobile games that include Design Home , Covet...
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