sega sammy holdings inc shares 6460 fell sharply monday morning following news that it is nearing an agreement to acquire the finnish videogame developer behind the “angry birds” mobile game for about 1 billion the shares were recently 45 lower at 2543 yen after falling as much as 61 earlier the japanese videogame and entertainment company behind the sonic the hedgehog character could seal a deal to buy finnish company rovio entertainment oyj rovio by early this week the wall street journal reported friday sega sammy said monday that it was considering buying rovio and its board planned to discuss a potential deal later in the day but no formal decision had been made rovio previously was in talks to sell itself to playtika holding corp an israelbased rival for more than 800 million the finnish game developer hasn’t managed to replicate the success of “angry birds” with subsequent games making the company susceptible to a takeover by a bigger rival sega sammy said it would make a disclosure once it makes any decision on the potential acquisition the japanese company in february projected it would book y3150 billion 2354 million in net profit on revenue of y38150 billion for the fiscal year ended march 31