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What EAs Purchase Of Codemasters Means For Its Racing Game Offerings 12/14/20 AT 8:19 AM Get ready to game. Electronic Arts (EA) has entered into a $1.2 billion deal to purchase Codemasters – a U.K.-based game developer and publisher – adding to its racing franchise. Through the deal, EA will pickup Formula One, DiRT, DiRT Rally, Grid, and Project Cars gaming collections from Codemasters. The racing categories will add to EA’s Need for Speed franchise, Real Racing mobile games, an...

EA reportedly trying to outbid Take-Two for Codemasters acquisition EAs offer is likely to exceed $1billion Electronic Arts is reportedly attempting to outbid Take-Two Interactive in its effort to acquire According to a Sky News report, EA’s offer is likely to be both at a “substantial premium” of the developer’s current stock price (534p) and higher than Take-Two’s £739.2million pounds (US$973.01million) offer, although the exact amount is currently unclear. The outlet also noted ...

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LONDON MARKET CLOSE: Stocks Mixed As Investors Cheer Brexit Deal Hopes Mon, 14th Dec 2020 17:04 (Alliance News) - Stocks in London ended mixed on Monday, with a rise in financial and housebuilding stocks unable to help the FTSE 100 finish in the green, as the internationally-exposed index was hindered by sterling regaining some strength. The FTSE 100 index closed down 14.92 points, or 0.2%, at 6,531.83. The domestic-focused FTSE 250 ended up 141.87 points, or 0.7%, at 19,764.02, and the AIM Al...

Vaccine Rollout, Electronic Arts, Alexion, Tesla - 5 Things You Must Know Monday TheStreet 12/14/2020 Here are five things you must know for Monday, Dec. 14: Popular Searches 1. -- Stock Futures Kick Off Week Higher Stock futures were rising Monday as the first coronavirus vaccines were shipped to distribution sites across the U.S. and a bipartisan group of lawmakers prepared to introduce a $908 billion pandemic relief package. Contracts linked to the Dow Jones Industrial Average jumped 250 p...

Image: Codemasters/Deep Silver Electronic Arts will buy Codemasters for $1.2 billion, overtaking an earlier bid by Take-Two Interactive to acquire the racing video games developer and publisher. EA announced the deal in a news release very early Monday morning, adding that it expected the deal to complete in the first quarter of 2021. Take-Two also said it expected a first quarter closing when it announced its $994 million bid in November. Sky News on Sunday reported that EA was pursuing Codem...

13 December 2020, 11:36 pm EST By Electronic Arts more popularly known by their logo with their initials EA which has been a major part of PC gaming has recently tried to swipe Codemasters with a whopping $957.9 million takeover bid, despite the already existing prior agreements along with Take-Two Interactive.Will EA be able to acquire Codemasters with that offer? EA games tries to snatch Codemasters According to Sky News, it was stated by a certain "industry source," EA had "gatecrashed" the...

EA is acquiring Codemasters for $1.2 billion The move could trigger a billion-dollar bidding war with Take-Two Interactive, which placed an offer for the UK-based developer last month on December 14, 2020, 9:52 25 comments In brief: Following Take-Twos $970 million bid for Codemasters last month, EA has now entered the chat with a $1.2 billion deal to acquire the racing game studio. Like Take-Twos original offer, this deal is expected to close by the first ...

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LONDON BRIEFING: Pound Jumps As UK And EU Agree To Continue To Talk Mon, 14th Dec 2020 08:05 (Alliance News) - The pound rose sharply after the UK and EU agreed on Sunday to waive their self-imposed deadline for a post-Brexit trade agreement and continue talking, possibly right up to the end of the transition period on December 31. Against the dollar, the pound was up one-and-a-half US cents early Monday from its level late on Friday as the Sunday deadline had loomed. Also in focus for the stoc...