05-09-2017 11:04 via feedproxy.google.com

Angry Birds maker Rovio announces plans for IPO to raise $36 million

Capping what appears to be a remarkable turnaround, Finland’s Rovio announced today that it has filed for an initial public offering of stock to expand its mobile gaming business and make acquisitions.
The company will issue $36 million worth of new stock. In addition, some current shareholders will be allowed to sell stock in the offering to recoup some of their investment.
The financial disclosure form released by Rovio today indicates that the company saw revenues almost double the
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