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Activision gets Candy Crush in tax-saving US$5.9 billion deal

Thursday, November 5, 2015 - 05:50
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King Digital makes two of the five highest-grossing mobile games in the US, Candy Crush Saga and Candy Crush Soda Saga. Activision is positioning to capitalise on growing smartphone-based play.

Los Angeles

ACTIVISION Blizzard Inc's plan to buy the Dublin-based maker of Candy Crush Saga for US$5.9 billion not only gives it access to the fast-growing mobile gaming industry, it will help save taxes.

By using US$3.6 billion of cash stored outside the US to help finance the