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

Andrew Wilson, CEO of Electronic Arts
Kevork Djansezian / StringerSmartphone 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