Frontier Developments enters deal with Disney for new video game
(Alliance News) - Frontier Developments PLC shares jumped on Thursday after the announcement of an agreement with Walt Disney Co for the creation of a new video game.
Shares in the Cambridge, England-based video game developer rose 7.9% to 440.62 pence on Thursday morning in London.
Frontier Developments did not disclose the value of the deal but said the game would be fully funded by Frontier and draw on Disney's franchises.
Disney shares were virtually flat at USD108.00 each in pre-market trading on Thursday morning in New York.
By Camilla Borri, Alliance News reporter
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