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Glu Raises Another $15 Million Through Stock

January 12th, 2011 by Arjan Olsder Posted in Companies & M&A | No Comments »

Following it’s successful freemium game launches, Glu has announced to hand out 7.3 million new shares in order to raise money for further roll-out of their new strategy.

The shares will cost $2.05 a piece which counts up to a total of $15 million. Glu’s last round of financing was past summer when the company received $13.5 million.

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