DoubleDown Interactive Confirms Expression of Interest From Controlling Shareholder
Idag, 16:19
10:19 AM EDT, 04/29/2026 (MT Newswires) -- DoubleDown Interactive (DDI) confirmed Wednesday that it has received a non-binding expression of interest from DoubleU Games, its controlling shareholder, to acquire the shares and ADSs that it does not already own for $11.25 per ADS in cash.
The company has formed a special committee to review, evaluate and negotiate DoubleU Games'proposal, DoubleDown Interactive said.
No decision has made regarding the proposal and there is no assurance that DoubleDown Interactive will pursue the proposal or another other strategic outcome, the company said.
DoubleU Games currently has a 67.1% stake in DoubleDown Interactive.
DoubleDown shares were 1.5% lower in Wednesday trading.
Price: 10.78, Change: -0.21, Percent Change: -1.91
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DoubleDown Interactive Confirms Expression of Interest From Controlling Shareholder
Idag, 16:19
10:19 AM EDT, 04/29/2026 (MT Newswires) -- DoubleDown Interactive (DDI) confirmed Wednesday that it has received a non-binding expression of interest from DoubleU Games, its controlling shareholder, to acquire the shares and ADSs that it does not already own for $11.25 per ADS in cash.
The company has formed a special committee to review, evaluate and negotiate DoubleU Games'proposal, DoubleDown Interactive said.
No decision has made regarding the proposal and there is no assurance that DoubleDown Interactive will pursue the proposal or another other strategic outcome, the company said.
DoubleU Games currently has a 67.1% stake in DoubleDown Interactive.
DoubleDown shares were 1.5% lower in Wednesday trading.
Price: 10.78, Change: -0.21, Percent Change: -1.91
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