EA moves closer to $1.2 billion Codemasters purchase – Yahoo News Australia

EA has edged closer to buying Codemasters after shareholders of the latter approved the takeover. Out of 76 shareholders, 63 approved EA’s $1.2 billion bid. Those who voted for the deal hold just under 99 percent of the total Codemasters stock.
Competition regulators in Germany and Austria have rubber stamped the acquisition and a court hearing will take place on February 16th. Barring any problems, EA should close the deal by the end of the spring. Codemasters will then be part of a new subsidiary…

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