EA - With gaming mergers advancing analysts weigh best Electronic Arts matchups
Analyst chatter has kicked up a bit about potential M&A activity for videogame publisher Electronic Arts (NASDAQ:EA), spurred not only by reporting about past talks but also the industry's ongoing moves toward consolidation. Take-Two Interactive Software (TTWO) wrapped up its deal for mobile-focused publisher Zynga (ZNGA) early Monday - a move that matches up with those of its peers (Activision Blizzard's (ATVI) roll-up of King Digital, and Electronic Arts' (EA) acquisitions including Glu Mobile and Playdemic) - not to mention Activision's own deal to be acquired by Microsoft (MSFT). Meanwhile, Friday's report that Electronic Arts (EA) got into some late-stage talks to be merged with Comcast's (CMCSA) NBCUniversal (before that plan fell apart) fired up some analysts to ponder just who might make sense to buy EA. The talk about acquiring EA, "at the very least," probably "sets a floor in the stock price," says Jefferies' Andrew Uerkwitz. That might
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With gaming mergers advancing, analysts weigh best Electronic Arts matchups