EA (ERTS) Sees Some Interest On Renewed Takeover Talk
Tweet
Share
E-mailGet Alerts ERTS Hot Sheet
Join SI Premium – FREE
Shares of Electronic Arts Inc. (Nasdaq: ERTS) are seeing interest today on renewed speculation the company could be the target of a takeover bid, sparked by a column at DailyFinance.com by Gene Marcial.
With the stock down 75% from its peak, some are suggesting it is a takeover target. One holder of the shares, Larry Haverty, who heads Gabelli Global Multimedia Trust, suggested Apple (Nasdaq: AAPL), News Corp. (NYSE: NWS), Disney (NYSE: DIS) or Microsoft (Nasdaq: MSFT) could buy EA.
Shares of EA are up 1.45% today to $16..93.
Link to Gene Marcial's article.
With the stock down 75% from its peak, some are suggesting it is a takeover target. One holder of the shares, Larry Haverty, who heads Gabelli Global Multimedia Trust, suggested Apple (Nasdaq: AAPL), News Corp. (NYSE: NWS), Disney (NYSE: DIS) or Microsoft (Nasdaq: MSFT) could buy EA.
Shares of EA are up 1.45% today to $16..93.
Link to Gene Marcial's article.
You May Also Be Interested In
- Fisker (FSR) files form 10-K, sees more job cuts, reiterates going concern doubts
- Affirm stock drops on report Walmart-backed fintech One is launching BNPL; Mizuho says 'concerns overblown'
- Midday movers: PepsiCo, JetBlue fall; GM, Danaher and UPS rise
Create E-mail Alert Related Categories
Insiders' Blog, RumorsSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
