Korean free-to-play firm Nexon supposedly contacts Battlefield publisher with purchase offer; EA shares surge on the rumor.
EA's shares are responding positively to the rumor, as the company's single-share value opened today at $15.76, well ahead of the $15.01 it closed at yesterday. As of press time, EA is trading at $15.81 per share.
Last week, a report indicated EA was planning to lay off as many as 1,000 staffers after underwhelming Star Wars: The Old Republic sales and an expensive Battlefield 3 postlaunch marketing campaign. EA's fiscal year ended on March 31, and the company will report its full-year fiscal results on May 7.
Source : GameSpot
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