Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Electronic Arts Jumps the Most in Six Months on Takeover Talk

Electronic Arts Jumps the Most in Six Months on Takeover Talk
A video screen for Electronic Arts Inc.'s new Medal of Honor game during the Electronic Entertainment Expo (E3) in Los Angeles. Photographer: Jonathan Alcorn/Bloomberg

Electronic Arts Inc., the second-largest U.S. video-game publisher, rose the most in more than six months after the New York Post reported that the company is exploring a sale.

EA rose 7.1 percent to $14.02 at 9:44 a.m. in New York. The stock climbed as high as $14.32 earlier in today’s session, marking the biggest intraday gain since Feb. 2.

The company is interested in doing a deal at $20 a share and has been approached by private-equity firms, the Post reported, citing unnamed people familiar with the discussions. The talks are still in early stages, the newspaper said.

EA shares had slumped 36 percent this year through yesterday as it struggled to shift to Internet-based video games. Chief Executive Officer John Riccitiello is adding online titles to reduce the company’s reliance on declining sales through retail stores.

Jeff Brown, a spokesman for Redwood City, California-based EA, didn’t immediately respond to requests for comment.

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.