Sticker shock over BioWare-Pandemic purchase

Yesterday, Electronic Arts announced that it would purchase BioWare-Pandemic from Elevation Partners for a grand total of $860 million in cash and other compensation. The initial reaction from the stock market has been positive, as shares of EA were trading up 4.4 percent this morning to a new 52-week-high of $61.28. However, the reaction from analysts has been slightly mixed.

Read Full Story >>
The story is too old to be commented.