Electronic Arts is doing spiffy business right now on the gaming front, between casual releases and upcoming blockbusters like Need For Speed: Most Wanted and Medal of Honor: Warfighter. However, that isn’t stopping the company from checking into possible buyout options.
Some sources have told the New York Post that the company may be seeking buyers, with both KKR and Providence Private Equity Partners looking into a possible exploration of purchase even though talks are in “early days”. Providence has more than enough gaming going on with its resume with Bethesda parent Zenimax Media in tow.
The source told the New York Post that they’re “familiar with the company” and that they would “do a deal at $20 a share”; right now they sit at $14 a share. EA had no official comment on the matter, so right now it’s just rumor.
We’ll see what happens we suppose…
