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Disney to acquire social-gaming company Playdom

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“Rumors that The Walt Disney Company would acquire social-gaming conglomerate¬†Playdom¬†have turned out to be true: Disney issued a statement on Tuesday, after the market closed, announcing its intent to acquire Playdom for $563.2 million, plus potential earnouts of up to $200 million.” This is profoundly good for Disney. Creative destruction in industry is determined by difference between the companies who are willing to be bold so as to innovate, and those who aren’t. Disney has […]