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Angry Birds' Rovio In No Rush For Stock Exchange Listing, Executive Says

Rovio, the Finnish company behind the game and toy phenomenon Angry Birds, is not planning an initial public offering any time soon as it concentrates on managing its fast growth, ... More Rovio, the Finnish company behind the game and toy phenomenon Angry Birds, is not planning an initial public offering any time soon as it concentrates on managing its fast growth, a senior executive said. After a global breakthrough of its smartphone game in which players use a slingshot to attack pigs who steal the birds' eggs, Rovio said a few years ago that it could go public by 2013, either in Hong Kong or New York. Last year, Rovio's revenue doubled to $204 million and operating profit grew 64 percent to $101 million. Find more Wochit videos on Yahoo Screen. Less

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