The road to XBOX ONE. Follow the journey

Microsoft denies EA buyout claims

Microsoft denies EA buyout claims

Microsoft has refuted Wall Street speculation that the global software giant is preparing to launch a takeover bid for publisher EA.

"We have no plans to acquire EA," a Microsoft spokesman said, as quoted in MarketWatch.

Shares in EA climbed 7 per cent to $19.36 on Wednesday as speculation over a possible takeover intensified. Shares in EA dipped 1 per cent in after-hour trading.

Advertisement

Tags: Microsoft , ea

Follow us on

  • RSS