Amazon Rumored to Buy EA and Drive Stocks Higher

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A rumor has been circulating online that Amazon might buy EA. According to the USA Today article, Amazon will announce today that it has made a formal offer to acquire EA. USA Today reports that only Amazon but Apple and Disney are also potential buyers.

Amazon itself has a games division, but lags far behind big players Sony, Nintendo and Microsoft. Amazon buying EA and its studios, including EA sports, would be a massive acquisition, however, the latest update from CNBC sources suggests the rumors are false.

EA shares climbed a bit on earlier news, but CNBC’s news brought the shares back to normal. Still, rumors continue to swirl around EA, with Microsoft a frequent target of those rumours, though its efforts to navigate the Activision/Blizzard acquisition through regulatory hurdles around the world make another takeover unlikely. huge.

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