Rumors were going around saying that EA was going to buyout Nexon via financial publication Bloomberg. Bloomberg said that they were tipped off by a report saying that Nexon contacted for an offer from EA.
Bloomberg revealed that the “talks” between EA and Nexon are actually about the South Korean distribution of EA’s FIFA Online 2.
This brand new news comes from three unknown sources who are claiming that the companies are not thinking about a merger, but supposedly focused on “Nexon’s online servers and developers in Asia,” and specifically “Nexon’s expertise in persuading players to spend real money on virtual items such as team jerseys and player-experience points.”
After the rumor, EA stock went up six percent, making it the highest stock price for the company since March. Bloomberg reports that the FIFA Online 2 partnership with Nexon could be finished as soon as next month.
(via ign)