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No IPO for Rovio in 2012
Angry Birds maker says it is going to take its time...
Date: Friday, January 20, 2012
Author: James Fudge

According to Reuters , Angry Birds creator Rovio will not go public in 2012. The Finnish game company said it just wasn't ready to go to the next level quite yet.

"We are not in a rush," Vesterbacka explained. "This year is way too early for an IPO; there are too many open things, and we are in a very early stage of the Angry Birds life cycle." When it does decide to go public, the company will have to choose the best exchange to commit to. Reuters claims that the company considered Hong Kong or New York, but Vesterbacka said that no decision has been made.

"Hong Kong is very interesting, absolutely, but again it is totally dependent on how markets develop. Asia is where all the people are, and future growth," he said.

No Angry Birds stock for you in 2012. Sorry.

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