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Microsoft: We're Not Taking Over EA

sjohnson
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Posted September 23, 2009 - By Stephen Johnson

Microsoft Rumored To Be Considering Electronic Arts TakeoverEarlier today, we (skeptically) reported on the rumor that Microsoft  was going to take over video game publisher  Electronic Arts. Turns out, it's not true.

"There's no truth  to the speculation"  said David Dennis, a Microsoft spokesman, "We have no plans to purchase EA."

Well, there you go, and now you know.

Takeover or not, something caused EA's stock to jump like 5% today. Are the world's financial markets really so susceptible to unfounded rumors that a blog post and/or a whispered conversation will really result in the movement of millions of dollars? Or do you think market insiders know something about EA that we do not?

Microsoft: We're Not Taking Over EA
http://www.g4tv.com/thefeed/blog/post/699438/microsoft-were-not-taking-over-ea/
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