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Tencent Acquisitions

Tencent Looking to Acquire Full Ownership of Funcom

Tencent is looking to acquire full ownership of developer and publisher Funcom. Funcom is a publically traded company and Tencent currently owns around 29% of the company. Tencent says it will be offering all shareholders 17.00 NOK per share during a period starting in February. Funcom’s current management has announced that they will back the decision and that shareholders should accept the offer. Should the…

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