Real Networks to spin off game business

Iria · May 9, 2008, 03:56 AM

Real Networks today said that it plans to spin off its casual games business into an independent company and distribute shares of the newly created games company to its shareholders. The newly created firm could go into an initial public offering with up to 20% of the shares being sold.
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Source: TG Daily

May 9, 2008, 03:56 AM	#1
Iria DriverHeaven Extreme Member Join Date: Apr 2004 Posts: 7,275 Rep Power: 89	Real Networks to spin off game business Real Networks today said that it plans to spin off its casual games business into an independent company and distribute shares of the newly created games company to its shareholders. The newly created firm could go into an initial public offering with up to 20% of the shares being sold. _______ Source: TG Daily