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Bloomberg Bloombacktracks on EA-Nexon Buyout Reports

By Brian P Rubin | 04 May 2012 | 2 Comments   

no nexon merger

Financial news source Bloomberg has backtracked on their assertions from last week that South Korean game company Nexon had made an offer to purchase Electronic Arts. Turns out that was very much not really true: instead, it seems, Nexon is working on a deal with EA to distribute EA’s FIFA Online in Asia.

Kind of different, yeah.

The new report comes courtesy of three unnamed sources, says the article. Apparently the deal would be based on the hope of getting players to use real-world currency on in-game virtual items.

“We’re extremely pleased with how Korean fans have embraced Ea Sports: FIFA Online 2,” reads a statement EA e-mailed to Bloomberg.

So there you go. No merger, not even a little bit. BOING.

Bloomberg via Eurogamer

2 Comments

  1. Posted by soulprovider on 04 May 12 at 6:52pm

    gotta be carefull with bloomberg, to many people use this for their business news and its been wrong in the past not to mention hes the first new york mayor in a long time to get a term limit overthrown

  2. Posted by smr on 05 May 12 at 5:20pm

    I know MMOs make a shitton of money, but could Nexon really “offer to purchase” EA in the first place? O_o

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