Wednesday, November 13, 2013

Angry Birds' Rovio in no rush for stock exchange listing, executive says

Angry Birds toys are displayed during a news conference in Hong Kong By Jussi Rosendahl HELSINKI (Reuters) - Rovio, the Finnish company behind the game and toy phenomenon Angry Birds, is not planning an initial public offering any time soon as it concentrates on managing its fast growth, a senior executive said. After a global breakthrough of its smartphone game in which players use a slingshot to attack pigs who steal the birds' eggs, Rovio said a few years ago that it could go public by 2013, either in Hong Kong or New York. However, Rovio's marketing chief Peter Vesterbacka told Reuters the company was in no hurry to raise cash. "We don't have any news on this front," Vesterbacka, wearing a red Angry Birds hoodie, told Reuters in the sidelines of a Helsinki startup conference Slush.








via Gaming News Headlines - Yahoo! News http://news.yahoo.com/angry-birds-rovio-no-rush-stock-exchange-listing-153622944.html

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