DoubleU Games offers $11.25 per share for remaining DoubleDown stake

DoubleU Games has offered to buy the shares in DoubleDown Interactive that it does not already own, the company said. DoubleU holds about 67.1% of DoubleDown and has proposed $11.25 per share in cash for the remaining common shares and American Depositary Shares. DoubleDown’s independent special committee will assess and negotiate the proposal; no decision has been made.