Friday, December 16, 2011
Rovio Wants To Rival Disney, As It Heads Towards IPO
Rovio, the Finnish maker of the popular Angry Birds games, is talking up an initial public offering saying that it is looking to rival Burbank-based Walt Disney Co. as a media company. Rovio, now says it is planning an IPO on the Hong Kong stock exchange in 2013, according to an interview in a Finland paper. Rovio said its goal is to be worth as much as Walt Disney Co. is on the markets. Disney is valued at around $65 billion.