Console War May Be Over If Microsoft Buys EA
In an attempt to freak out everyone in the video game industry, there are a flurry of rumors circulating that Microsoft may be planning to purchase Electronic Arts.
Although reuters.com called the recent rumor "unsubstantiated chatter" and seattlepi.com received confirmation from Microsoft spokesman David Dennis who said "There is no truth to this rumor" and "we have no plans to purchase EA," that didn’t stop EA stocks from reaching about $20 a share today.
Alas, that affect would a monstrous merger like Microsoft purchasing EA have on the entire industry?
A whole lot.
