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1304 posts

Uber Geek


# 107840 20-Aug-2012 22:05
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Interesting article about EA possibly being up for sale and its potential impact on gaming: http://www.rantgaming.com/2012/08/19/electronic-arts-ea-for-sale-and-why-gamers-should-care/

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227 posts

Master Geek


  # 674860 20-Aug-2012 23:19
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Well that was a lot of supposition and just about zero journalism there...

 
 
 
 


2787 posts

Uber Geek


  # 675043 21-Aug-2012 11:55
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I'm astounded that they're still asking Michael Pachter for opinions on this given his decidedly average level of accuracy.






227 posts

Master Geek


  # 675045 21-Aug-2012 12:03
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stevenz: I'm astounded that they're still asking Michael Pachter for opinions on this given his decidedly average level of accuracy.


This is the New York Post we are talking about. Hardly a bastion of investigative journalism. It's basically a tabloid.



1304 posts

Uber Geek


  # 675487 22-Aug-2012 14:17
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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. 

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  # 675492 22-Aug-2012 14:23
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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.


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