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Sweet Deals for Luxottica, Disney and King Digital

August 18, 2023
in Trade Tube
Reading Time: 1 min read
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You don’t need Google glasses to see that Luxottica was a big winner this week beyond Wall Street. The Ray-Ban maker struck a cool deal Tuesday to design and distribute glasses based on Google’s Internet-connected Glass eyewear. Disney also announced a big deal to buy YouTube provider Maker Studios for $500M on Tuesday. The purchase elevates the Mouse House into a major online video player. And while King Digital’s stock fell in its IPO, the Candy Crush maker still raised a sweet $500M.

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