Technology
Gaming Giant EA Snaps Up Codemasters For $1.2 Billion In Eleventh Hour Bid – ChannelNews
Video gaming giant Electronic Arts (EA) revealed it will acquire UK game developer Codemasters for $1.2 billion after a successful counterbid. American video gaming…
Video gaming giant Electronic Arts (EA) revealed it will acquire UK game developer Codemasters for $1.2 billion after a successful counterbid.
American video gaming company Take-Two had initially reached an agreement to buy Codemasters for $1 billion, however EA intervened at the eleventh hour and offered $200 million more for the sale.
The Codemasters Board has considered various aspects of the EA Offer and considers the EA Offer to represent a superior offer for Codemasters shareholders as compared…
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