A rumor has been circling online that Amazon could be buying EA. According to the USA Today story, Amazon will today announce that ‘It has put in a formal offer to acquire EA. USA Today reports that only Amazon but Apple and Disney are also potential buyers.
Amazon itself has a gaming division, but lags far behind the big players Sony, Nintendo, and Microsoft. Amazon buying EA and its studios including EA sports would be a massive acquisition, however, the latest update coming from CNBC sources suggests that the rumors are false.
Amazon is not going to make a bid for Electronic Arts, sources tell CNBC’s @DavidFaber. Shares of $EA surged earlier on a report citing a “rumor.” pic.twitter.com/k7wk0Fy7xv
— CNBC Now (@CNBCnow) August 26, 2022
EA stock shares soared for a bit on the earlier news, but the CNBC news sent stocks back to normal again. Still, rumors continue to swirl around EA, with Microsoft a frequent target of those rumors, although its efforts to pass the Activision / Blizzard acquisition through regulatory hurdles around the world make another huge acquisition unlikely.
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