EA shares rise as Nexon issues rumored takeover bid
Posted on April 26, 2012 by Brian(@NE_Brian) in General Nintendo, News, Rumors
Consider this update part news and part rumor.
An unconfirmed report from a South Korean newspaper suggests that online gaming giant Nexon has reached out to EA about a potential takeover bid.
Once the rumor circulated, EA shares rose nearly six percent. They rose $1.22, or 8.1%, to $16.23. According to Forbes, “stock lately has been trading close to a 52-week low”.
