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Disney Acquires Social Gaming Company Playdom

July 27, 2010, 4:56 pm
Last week, rumors surfaced that Disney was in late stage acquisition talks with social game company Playdom. Today, Disney has announced that it has indeed agreed to acquire it. Playdom shareholders will receive total consideration of $563.2 million, subject to certain conditions, and a performance-linked earn-out of up to $200 million. "We see strong growth potential in bringing together Playdoms talented team and capabilities with our great creative properties,

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