EA wards off takeover rumors and reasserts independence

EA wards off takeover rumors and reasserts independence

In a recent investor conference, Andrew Wilson, CEO of EA, brushed aside rumors about a possible acquisition. The executive stated that the current plans are to maintain operational independence, but did not rule out future negotiations if the action model is different.

The meeting took place last Tuesday (2) and was attended by the main shareholders of the publisher. When asked about rumors of a potential acquisition, Wilson reinforced his company’s position and said it couldn’t “be in a stronger position as an independent company.”

Our aim is to always take care of our people, our players and our shareholders. If there is ever a way we can do this differently than the way we are doing it today, of course I have to be open to that, but I would say to you today that we feel very confident and excited about our future.

The CEO’s response comes after a series of rumors about an EA purchase, especially after Microsoft’s acquisition of Activision Blizzard. In this context, the FIFA publisher is only awaiting approval from regulatory bodies to become the largest independent company in the entire gaming industry.

Source: meups.com.br

Related post

Premier League approves Chelsea takeover bid

Premier League approves Chelsea takeover bid

The Boehly-Clearlake consortium, which agreed terms to acquire Chelsea for 4.25 billion pounds ($5.33 billion) earlier this month, has passed the…
JetBlue launches hostile takeover bid for Spirit Airlines

JetBlue launches hostile takeover bid for Spirit Airlines

JetBlue Airways on Monday announced a hostile takeover bid for smaller rival Spirit Airlines, two weeks after a previous bid was…

Leave a Reply

Your email address will not be published.