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RSTEIN
Comics, serious business!
(08-16-2012, 01:50 PM)
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Originally Posted by WSJ

Videogame maker Electronic Arts Inc. (EA) is exploring a sale as the company struggles to grow its business amid competition from free online gaming sites, the New York Post reported, citing sources.

The paper reported EA has been approached by private-equity giants KKR and Providence Equity Partners about a potential deal.

Representatives for EA weren't immediately available for comment.

EA is the maker of such popular video games as "SimCity" and "Madden NFL" and had a market value of $4.17 billion as of Wednesday's close.

Shares climbed 17% to $15.25 in light premarket trading and are down 36% this year.

The paper quotes a source familiar with the company saying EA would do a deal at $20 a share. It last traded above that price in January.

EA has reported mixed results in recent periods as softer demand for console videogames has hurt margins and as it faces increased competition from free-access online games. Last month, EA reported fiscal first-quarter earnings fell 9% as the company's core revenue slipped.

The company is looking to transform its business model to better compete against rivals such as Zynga Inc. (ZNGA), which has expanded its business to better support Internet-based sales.

I doubt any of the hardware guys would buy.
Jintor
Lit himself on fire to get
a mod to tag him
(08-16-2012, 01:50 PM)
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New York Post? Wouldn't call that 'officially' up for sale, just more rumours.
Interfectum
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(08-16-2012, 01:50 PM)
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hilarious
TheOddOne
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(08-16-2012, 01:50 PM)
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What in the world.
TheBioLover
Member
(08-16-2012, 01:51 PM)
What the hell.
Kyoufu
(08-16-2012, 01:52 PM)
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Maybe someone can turn them around from being the worst company in America to something...better?
Arabian Mage
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(08-16-2012, 01:52 PM)
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And who is capable of buying such humongous cooperation ?
Twinduct
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(08-16-2012, 01:52 PM)
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"Now you can buy the company that America has voted as the worst Company of the year!".
Beysus
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(08-16-2012, 01:52 PM)
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EA is only $4.17 billion worth ???

I thought it was more...
DoctorWho
BOSS
(08-16-2012, 01:52 PM)
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Let's do it GAF.

Originally Posted by Metalic

And who is capable of buying such humongous cooperation ?



corporate cheerleader
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(08-16-2012, 01:52 PM)
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EA: Sell Everything
HawksWinStanley
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(08-16-2012, 01:52 PM)
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I kind of want MS to buy them just to see the reaction on the Internet.
Neuromancer
The Mayuh of f'n Bawston
(08-16-2012, 01:52 PM)
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By my calculations, if every GAF member pitched in $52,261.53 we could buy it.
BattleMonkey
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(08-16-2012, 01:52 PM)
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Sony should buy them now that they are back
Aegus
Member
(08-16-2012, 01:53 PM)
EA, always following Activisions lead.
JonCha
Member
(08-16-2012, 01:53 PM)

Originally Posted by DoctorWho

Let's do it GAF.

I don't think we can raise almost $5 billion.
Danielsan
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(08-16-2012, 01:53 PM)
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What?!

Not sure who should pick this up.
Seda
the worst pokemon
(08-16-2012, 01:53 PM)
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Isn't New York Post a tabloid?
dentoomw
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(08-16-2012, 01:53 PM)
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The company is looking to transform its business model to better compete against rivals such as Zynga Inc. (ZNGA), which has expanded its business to better support Internet-based sales.

Do they really want to look to Zynga for business model inspiration after the gigantic stock crash it just had?
EVIL
Member
(08-16-2012, 01:53 PM)
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why would ea try to compete with zynga? they are doing pretty well in destroying themselves. just wait it out.
iNvid02
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(08-16-2012, 01:53 PM)
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crazy
Tailer
Junior Member
(08-16-2012, 01:53 PM)
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Guys let's start up a Kickstarter project to buy up EA
/sarcasm
ShinUltramanJ
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(08-16-2012, 01:54 PM)
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Amid competition from free online gaming sites? Don't they own POGO? I thought that was pretty big.
Izick
(08-16-2012, 01:54 PM)
shagg_187
lapdance transform pants
(08-16-2012, 01:54 PM)
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Peter Moore's long term plan to merge Sega, EA and Microsoft in its final stage.
Pranay_
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(08-16-2012, 01:54 PM)
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Originally Posted by BattleMonkey

Sony should buy them now that they are back

lol
Witchfinder General
punched Wheelchair Mike
(08-16-2012, 01:54 PM)
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Kicksaterter.
Reiko
Banned
(08-16-2012, 01:55 PM)


NFL 2K RETURNS
Arabian Mage
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(08-16-2012, 01:55 PM)
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Originally Posted by DoctorWho



BELIEVE !
Grakl
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(08-16-2012, 01:55 PM)
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Originally Posted by BattleMonkey

Sony should buy them now that they are back

Amazing.
Strive
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(08-16-2012, 01:55 PM)
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Well that's almost half of what Activision / Blizzard was on sale for. ($8.1bill)

Hypothetically speaking, even if any of the console makers would buy EA, they would most likely keep the games multiplatform (at least at first) or else have a huge revenue loss.
Last edited by Strive; 08-16-2012 at 01:57 PM.
1-D_FTW
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(08-16-2012, 01:55 PM)
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Originally Posted by Jintor

New York Post? Wouldn't call that 'officially' up for sale, just more rumours.

Yeah. Not exactly a bastion of journalistic integrity. You'd like to think it was based on solid info, but it could just be somebody trying to profit a bit from getting the "info" leaked.
RSTEIN
Comics, serious business!
(08-16-2012, 01:55 PM)
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Originally Posted by Jintor

New York Post? Wouldn't call that 'officially' up for sale, just more rumours.

Well, I meant "officially" in reference to the rumours that were circulating a few months ago about a sale. This time everyone is reporting it.
Art Teitlebaum
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(08-16-2012, 01:55 PM)
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Oh how the mighty have fallen...
GitarooMan
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(08-16-2012, 01:56 PM)
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The Zynga comment is really weird given their massive problems.
RoboPlato
I'd be in the dick
(08-16-2012, 01:56 PM)
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Activision/EA merger imminent.
gabbre
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(08-16-2012, 01:56 PM)
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Originally Posted by RoboPlato

Activision/EA merger imminent.

Then THQ will buy it
Darktails
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(08-16-2012, 01:56 PM)
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Originally Posted by shagg_187

Peter Moore's long term plan to merge Sega, EA and Microsoft in its final stage.

It all makes sense now!
markot
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(08-16-2012, 01:56 PM)
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Sad that zynga is considered a competitor...
Dilly
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(08-16-2012, 01:56 PM)
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I can't even imagine who can buy such companies like EA and Activision.
Arabian Mage
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(08-16-2012, 01:57 PM)
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Originally Posted by RoboPlato

Activision/EA merger imminent.

That would be ... big. Two of the most evil cooperations in the industry joining forces, who can stop them now ?!
Freedom = $1.05
Akimbo Dogs
(08-16-2012, 01:57 PM)
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Man, they must've been betting big on The Old Repulic. Should've put less eggs in that basket.
weird
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(08-16-2012, 01:57 PM)
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I BUY IT FOR A DOLLAR!
StoppedInTracks
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(08-16-2012, 01:57 PM)
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Wait... EA is up for sale? One of the biggest if not the biggest publisher in history?

You sure that is not a typo for AE?

http://ae.com/

AE seems more likely to be sold than EA.
Gen X
Trust no one. Eat steaks.
(08-16-2012, 01:57 PM)
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I'll chip in $10 if someone starts up a Kickstarter to purchase it. :-P
Phaethon0017
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(08-16-2012, 01:57 PM)
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Originally Posted by JonCha

I don't think we can raise almost $5 billion.

Do you know who else talked like that? Poland. And where did that land them?

We're doing this. We're doing this for America.
Rygar 8 Bit
Jaguar 64-bit
(08-16-2012, 01:57 PM)
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hopefully if they get bought the new management will look through the back catalog and revive road rash and mutant league
Z_Y
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(08-16-2012, 01:57 PM)
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Will it include an online pass?
Iztli
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(08-16-2012, 01:57 PM)
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Originally Posted by Metalic


BELIEVE !


Quick!! someone go sober up evilore!!
Protome
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(08-16-2012, 01:58 PM)
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So EA and Activision are up for sale? Whaaaat

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