Electronic Arts Buying Glu Mobile To Boost Mobile Game Business

Mabel R. Acton

Electronic Arts  (EA) – Get Report said Monday it’s buying Glu Mobile  (GLUU) – Get Report for $12.50 a share cash, or $2.4 billion, in a deal to boost its mobile-games business. The acquisition will combine Electronic Arts, the Redwood City, Calif., maker of the Madden NFL franchise games, with Glu, […]

Electronic Arts  (EA) – Get Report said Monday it’s buying Glu Mobile  (GLUU) – Get Report for $12.50 a share cash, or $2.4 billion, in a deal to boost its mobile-games business.

Next Post

Family Sues Trading App Robinhood Over Suicide

The family of a college student who killed himself after thinking he’d lost a fortune using Robinhood sued the free trading app Monday. A message left behind by Alex Kearns asked how it was that a 20-year-old with no income could get access to nearly $1 million of financial leverage […]