It seems Electronic Arts, know for snapping up lesser gaming companies, may be putting itself on the chopping block. The New York Post is reporting that EA may be looking into making such a deal, with several private equity firms, including KKR and Providence Equity Partners, interested.
Apparently EA would be willing to sell the company at a value of $20 per share, substantially more than the $13 per share the company is currently going for. The move would be interesting, considering many investors such as Michael Patcher are predicting the company's stock will double by next year.
However E3 is not the only company to consider a sale, as video game sales have slumped in recent years.
Would you be sad to see E3 go for sale?
