Old titles, very little R&D, dozens of bad acquisitions, poor management, and almost no earnings - I can see why rumours of a buy-out by private equity funds are circulating. EA shares jumped up sharply as a result of these unconfirmed claims. Out of curiosity, I read the financial reports for the last two quarters. What I can't see in there is any compelling reason why investors would want to take the risk. EA is in trouble. But, in the current economic climate I suspect that this rumour will end up being just another rumour.
I'd like to be proven wrong though :-)
The rumour mill is certainly going into full swing on this one. Just in the past couple of days there has been a lot of industry discussion and stock analysis. Whether this has all come about from a rumour created by one source, or perhaps even EA attempting to boost its stock prices, who knows.
Meh I am not sure they will get bought out, but a leadership change is sure to be coming. EA has a massive portfolio, the right person could turn it around.
Are you subscribed to our RSS feed? You can download the latest headlines and summaries from our stories directly
to your computer or smartphone by using a feed reader.