In this video, I’ll discuss what an acquisition of Electronic Arts (NASDAQ: EA ) by Amazon (NASDAQ: AMZN ) could look like.
- Amazon has been busy in recent months. A month ago, Amazon reached an agreement to acquire 1Life Healthcare for $18 a share.
- Earlier this month, the company announced it would acquire Roomba-maker iRobot for $1.65 billion.
- Earlier this week, shares of Signify Health rose as reports surfaced that Amazon is willing to bid for the company. This is strange since Amazon announced that it will shut down Amazon Care.
- Today, August 26, a Swedish game agency reported that Amazon plans to buy Electronic Arts. This will rival Microsoft’s acquisition of Activision if it actually happens, and would be a great addition to Amazon’s cloud gaming service, Luna.
- It’s safe to say the FTC will have its hands full.
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*The stock prices used were the closing prices on August 26, 2022. The video was published on August 26, 2022.
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John Mackey, CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool’s board of directors. Neil Rozenbaum has positions in Amazon. The Motley Fool has positions in and recommends Activision Blizzard, Amazon, Microsoft and iRobot. The Motley Fool recommends Electronic Arts. The Motley Fool has a disclosure policy. Neil is an affiliate of The Motley Fool and may receive compensation for promoting his services. If you choose to subscribe through his link, he will earn extra money that supports his channel. Their opinions remain their own and are not influenced by The Motley Fool.
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