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Disney to Acquire EA?

Disney to Acquire EA?

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According to Variety’s Wall Street reporter Jill Goldsmith, Disney may be in the hunt for EA. The journalist was only speculating about the possibility when she stated, “Disney is seen as a buyer, with market speculation centering on videogame company Electronic Arts as a possible target.”

The reasoning behind the theory is that EA is trading about 67% lower than its 52-week high. Picking up the video game giant at such a price would not only be quite a bargain, but it would also springboard Disney into an incredibly strong position in the relatively fledgling gaming market.

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