SAN FRANCISCO--(BUSINESS WIRE)--Glu Mobile Inc. (Glu, NASDAQ:GLUU), a leading global developer and publisher of free-to-play games for smartphone and tablet devices, announced that Tencent Holdings Limited (Tencent, SEHK: 00700) had agreed to purchase 21 million shares of Glu’s common stock at a price of US$6.00 per share for total consideration of US$126 million. The transaction will be completed in two tranches, with Tencent today purchasing 12.5 million shares, and committing to purchase the
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