That makes buying a U.S. company a third less expensive for a Japanese company. And DeNA is worth more than $4 billion, making purchases of this size relatively trivial. Just a year ago their market cap was 2/3 less.
That means Zynga, which shares a board member with ngmoco and would probably love to acquire them, couldn’t even field an offer in the same neighborhood as DeNA.
This latest information is coming second hand from a trusted source who heard it directly from a ngmoco executive. We still haven’t heard anything officially from ngmoco at all.
7 7
Authors: Michael Arrington