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Candy Crush Saga maker King Digital Entertainment files for a $500 million IPO

February 18, 2014

King Digital Entertainment, the largest game developer on Facebook, filed on Tuesday with the SEC to raise up to $500 million in an initial public offering. The Dublin, Ireland-based company, which was founded in 2002 and booked $1.9 billion in sales for the fiscal  year ended December 31, 2013, plans to list on the NYSE under the symbol KING. King initially filed confidentially on July 16, 2013. J.P. Morgan, Credit Suisse, BofA Merrill Lynch, Barclays, Deutsche Bank and RBC Capital Markets are the joint bookrunners on the deal. No pricing terms were disclosed.