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Noah Davis Member
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Tuesday, 29 April 2025
Amazon EA acquisition report refuted by CNBC
UPDATE: "This is not going to happen today." News by Tom Phillips Deputy Editor Updated on 26 Aug 2022 115 comments UPDATE 1.40pm UK: US network CNBC has shut down a report by USA Today that stated Amazon was set to make an imminent takeover bid for FIFA maker EA. Speaking live on air in the last few minutes, analyst and co-anchor David Faber said: "I've talked to some people who would actually know if there was something going on, and they say there's nothing going on. These are people who would be involved, who in fact were involved when our parent company was talking to Electronic Arts." A clip of the segment lies below: Amazon is not going to make a bid for Electronic Arts, sources tell CNBC's @DavidFaber.
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Brandon Kumar 2 minutes ago
Shares of $EA surged earlier on a report citing a "rumor." pic.twitter.com/k7wk0Fy7xv- CNB...
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Lucas Martinez 1 minutes ago
Faber's update on today's report also included detail of a past bid for EA by NBCUniversal...
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Scarlett Brown Member
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Shares of $EA surged earlier on a report citing a "rumor." pic.twitter.com/k7wk0Fy7xv- CNBC Now (@CNBCnow) August 26, 2022 To see this content please enable targeting cookies. Manage cookie settings "EA has definitely been out there in the past a bit, considering what it might do, you could imagine Amazon might have some interest..." Faber continued. "But no, this is not going to happen today, from what I'm hearing, unless the people who had been involved previously have no idea." This morning's earlier report briefly set EA's stock price soaring.
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Noah Davis 4 minutes ago
Faber's update on today's report also included detail of a past bid for EA by NBCUniversal...
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Mia Anderson Member
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Faber's update on today's report also included detail of a past bid for EA by NBCUniversal, which ultimately fell through. Earlier today, an EA spokesperson told Eurogamer the company did not comment "on rumors and speculation relating to M&A [mergers and acquisitions]".
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Alexander Wang 2 minutes ago
ORGINAL STORY 12.50pm UK: Online retail giant Amazon is set to announce an offer to buy FIFA publish...
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Thomas Anderson 2 minutes ago
EA has recently been the subject of several takeover rumours, with Apple and Disney also claimed to ...
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Evelyn Zhang Member
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Tuesday, 29 April 2025
ORGINAL STORY 12.50pm UK: Online retail giant Amazon is set to announce an offer to buy FIFA publisher EA, a new report has claimed. USA Today sources state that Amazon will formally announce its offer later today. There's no detail yet on how much it will bid.
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Elijah Patel 6 minutes ago
EA has recently been the subject of several takeover rumours, with Apple and Disney also claimed to ...
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Andrew Wilson 1 minutes ago
"We don't comment on rumors and speculation relating to M&A [mergers and acquistio...
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Ryan Garcia Member
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EA has recently been the subject of several takeover rumours, with Apple and Disney also claimed to be among other interested parties. Watch on YouTube Eurogamer Breaking Newscast: Sony reluctantly raises PS5 price, but knows it can get away with it USA Today's report claims Amazon may be looking to use EA franchises such as Dead Space, or BioWare's Mass Effect and Dragon Age, as settings for new Amazon-made TV series.
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Noah Davis 23 minutes ago
"We don't comment on rumors and speculation relating to M&A [mergers and acquistio...
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Natalie Lopez 10 minutes ago
Electronic Arts has 12,900 employees worldwide across dozens of development studios, and is home to ...
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Victoria Lopez Member
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"We don't comment on rumors and speculation relating to M&A [mergers and acquistions]," an EA spokesperson confirmed to Eurogamer today. 2022 has been a historic year for mergers and acquistions in the video game industry, with Microsoft's still-in-the-works plan to buy Activision Blizzard for nearly $70bn, Sony gobbling up Bungie for $3.6bn, and Take-Two purchasing Zynga for $12.2bn.
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Audrey Mueller Member
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Electronic Arts has 12,900 employees worldwide across dozens of development studios, and is home to franchises such as Battlefield, Need for Speed, Dead Space and The Sims, as well as FIFA, Madden and NFL games via its EA Sports label. Among the studios it owns are BioWare, home to Dragon Age and Mass Effect, and Respawn, maker of Apex Legends and Titanfall. Become a Eurogamer subscriber and get your first month for £1 Get your first month for £1 (normally £3.99) when you buy a Standard Eurogamer subscription.
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Amazon EA acquisition report refuted by CNBC Eurogamer.net If you click on a link and make a purcha...
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Amazon EA acquisition report refuted by CNBC Eurogamer.net If you click on a link and make a purcha...
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Amazon EA acquisition report refuted by CNBC
UPDATE: "This is not going to happen ...