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Wednesday, December 6, 2023

Digital Arts surges 14% on report of sale to Amazon

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Shares of Digital Arts Inc.
EA,
+1.59%

soared 14% in premarket buying and selling on Friday following stories that Amazon.com Inc.
AMZN,
+2.60%

is planning to announce a deal to purchase the videogame maker. In keeping with USA In the present day, which broke the information, rumors have been circling on-line a couple of potential acquisition for EA, with Amazon, Apple Inc.
AAPL,
+1.49%

and Walt Disney Co.
DIS,
+0.90%

among the many potential suitors. A deal for EA would observe Microsoft Company’s
MSFT,
+1.11%

deal to purchase Activison Blizzard
ATVI,
-0.26%

for $69 billion, one other main deal within the video-game area. It additionally comes on the heels of Amazon’s deal to buy Roomba-maker iRobot
IRBT,
-0.19%
.
Amazon could announce the deal in a while Friday. The worth of the deal has but to be reported.

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