![]() ![]() ![]() The transaction is subject to customary closing conditions, including regulatory approvals. The purchase price for the transaction is approximately $1 billion, half of which will be paid in cash and the remainder in preferred equity, providing SPE with a minority interest in Scopely and the opportunity to benefit from the expected growth of the company and the mobile games industry. GSN Games operates a portfolio of free-to-play mobile and online games that includes “Solitaire TriPeaks” and “Bingo Bash,” among other titles. LOS ANGELES-( BUSINESS WIRE)- Scopely, one of the largest privately held mobile-first video game companies, and Sony Pictures Entertainment (“SPE”) today announced an agreement for Scopely to acquire GSN Games, a division of Game Show Network, LLC (“GSN”), a wholly owned subsidiary of SPE. ![]()
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