For The Win, Good Luck Have Fun, and A Very Unconventional Scoop
The sports business world woke up to what appeared to be a major scoop from an unlikely source this morning. For The Win published a story by Kirk McKeand reporting that Amazon would announce today that it has put in a formal offer to acquire Electronic Arts, citing "GLFH sources." This news created quite a stir, in part due to the enormous price tag associated with any such deal. Microsoft's planned takeover of Activision, another video game giant, has been reported to be a $69 billion endeavor. EA, the company behind FIFA and Madden ,saw its stock price soar almost 19 points from Thursday's close despite some strong skepticism from business media.
2023-04-10 15:38
CNBC Refutes Report of Amazon Acquiring Electronic Arts
CNBC has shot down rumors that Amazon planned to announce an EA takeover offer Friday.
2023-04-10 15:38