Sam Boughedda

Investing.com — Shares of Electronic Arts Inc (NASDAQ:) The stock rose Monday following reports that the videogame giant is looking to sell or merge and had spoken with many interested parties.

Puck reports that EA (the maker of Battlefield, Madden and Fifa games) is looking to sell or merge with another company. The company has reportedly already had talks with companies like the. Disney (NYSE:), Apple NASDAQ:), Amazon NASDAQ:

There have been several transactions in the videogame industry so far 2022. Take-Two’s (1NASDAQ:) acquisition of Zynga for $12.7 Billion (NASDAQ;) and Microsoft’s (NASDAQ 🙂 nearly $69 Billion deal with Activision Blizzard(NASDAQ:).

According to some reports, EA and NBCUniversal had held talks about a merger. However, they couldn’t reach a consensus.

EA stock reached $137.73 on Monday. Since Monday, it has climbed back up to $137.73.