Around AOTF ×
Platforms
More
News

EA stock surges on takeover rumors

by | @AttackFanboy | on April 26, 2012
EA shares are higher today after a report that a Japanese gaming company is making a bid for the company.  Nexon, who creates multiple free-to-play MMO’s like Maple Story, Vindictus, Mabinobi and many others, is rumored to be the company making the bid.
The rumors have pushed EA’s stock higher by nearly 10%, as the company sees value in the publisher.  EA’s stock has been hovering near its 52-week lows for some time, while its been facing headwinds during a transitionary period for the company.
Electronic Arts has one of the biggest market caps in the industry, and is rumored to have entertained the offer.  Electronic Arts has declined to comment on the recent rumors and speculation.
Read This Next
Star Wars Battlefront 2 Campaign Will Take You Inside The Empire
Star Wars Battlefront 2 Campaign Will Take You Inside The Empire

For Star Wars fans Battlefront 2 is easily one of the most anticipated titles of the year.  Expected to be...

Play With Life in Your Pocket: EA Presents The Sims Mobile
Play With Life in Your Pocket: EA Presents The Sims Mobile

Electronic Arts has a new iteration of The Sims coming to iOS and Android devices. Aptly called The Sims Mobile,...

EA Says 1/3 Of All Their Sales Were Digital This Past Year
EA Says 1/3 Of All Their Sales Were Digital This Past Year

Digital gaming has become a major part of the industry in the last decade or more. Like most other mediums...

Say Something