Microsoft denies rumors of plans to purchase EA

EA won't be purchased by the big M according to Microsoft

Stocks for Electronic Arts and Microsoft rose today due to rumors that the latter company was interested in purchasing the former. However, Microsoft has shot down those rumors in a statement issued to Kotaku.

"Microsoft has no plans to purchase Electronic Arts," said the comment from Microsoft. 

The now debunked rumors had EA’s stock rise 8.1 percent to $20.01 and Microsoft’s rise 1.1 percent to $26.05. It wouldn’t be a surprise if the stocks drop back down tomorrow now that this "unsubstantial chatter" has been put to rest.



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Author: Mike Murphy View all posts by
Mike has been playing games for over two decades. His earliest memories are of shooting ducks and stomping goombas on NES, and over the years, the hobby became one of his biggest passions. Mike has worked with GamerNode as a writer and editor since 2009, giving you news, reviews, previews, a voice on the VS Node Podcast, and much more.

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