Skip to content

EA (EA) Hints at Buyout Rumors, Who’s In The Running?

Trade EA Stock Your Capital Is At Risk
Updated 24 May 2022

Key points:

Video-game giant Electronic Arts (NASDAQ: EA) is apparently seeking a buyer, with CEO Andrew Wilson entering negotiations with NBCUniversal boss Brian Roberts to attempt to merge the two companies, but the deal failed to make it through. This isn’t the first time either, reporting that EA has also entered M&A talks with Amazon, Apple and Disney in recent years. Whilst a timeline hasn’t been specified for most of the talks in place, rumors surfaced that talks with Disney happened as recently as March. 

new-recommended-broker-banner

According to various sources, talks with NBCUniversal didn’t make it through “due to disagreements over price and structure”. Should the deal have been finalized, NBCUniversal would have taken majority control over the newly merged company. The company is yet to make any formal announcement surrounding the buyout, with EA spokesperson John Reseburg stating the firm doesn’t comment on “rumors and speculation relating to M&A.

Read Also: Best Tech Stocks To Buy Right Now

The potential buyers are also keeping hush, with Amazon, Apple and Disney all refusing to comment. Without a doubt, EA is actively seeking a buyer, and has been doing so for the last few years. This has only been fueled by Microsoft’s acquisition of Activision Blizzard, with some suggesting that Ubisoft is also in the market for a buyer, though this has been denied in the company’s most recent earnings report. Any buyout bids are unlikely to be accepted for any less than $60 per share. 

EA shares traded at small gain this morning, with buyers starting to trickle in following the potential acquisition news.