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Scopely to Buy GSN Games From Sony Pictures Entertainment for $1 Billion

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thewrap.com
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GSN Games, a division of Sony Pictures Entertainment’s Game Show Network LLC, for approximately $1 billion, the companies announced on Monday.

The companies said in a statement that the acquisition would strengthen Scopely’s ability to “create and deliver engaging, long-lasting game experiences.”The $1 billion purchase price of the transaction will be paid half in cash and the remainder in preferred equity, the companies said in the statement.

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