EAs shares rise on back of dev acquisition

MCV Staff 15th October 2007 Publishing

Following last week’s acquisition of US developer BioWare/Pandemic for $860 million, EA’s share price has risen to its highest in 52 weeks,

Next-Gen

reports.

EA’s stock price hit $61.17 this morning after a rise of $2.48, following the publisher’s announcement that the firm expects to beat its previous Q2 revenue and earnings guidance.

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