Wednesday, September 23, 2009

Microsoft Rumored to be Buying EA

Rumors are swirling that Electronic Arts is soon going to be taken over by software giant Microsoft. Although neither Electronic Arts or Microsoft have commented on the rumors, Wallstreet analysts have reported that there have been talk of a sale.

However, analyst Trip Chowdhry thinks a sale is unlikely. "Our contacts just don't see Microsoft buying Electronic Arts, no synergies whatsoever, and also not Microsoft's corporate primary focus right now,"said Chowdhry.

Both Microsoft and EA's shares jumped after the rumors began.

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