Electronic Arts Buys Stake in French Rival
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Video-game software giant Electronic Arts (ERTS:Nasdaq - news - research) plans to take a 19.9% stake in French rival Ubisoft. The investment will come through a block purchase of Ubisoft shares from Talpa Beheer BV.
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Ubisoft Entertainment SA said Tuesday it regards the purchase of 19.9 percent of its shares by Electronic Arts Inc. as hostile, but held out the possibility of talks with its U.S. rival.
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Electronic Arts, the leading maker of sports video games, signed an exclusive five-year contract with the National Football League and the NFL Players Association, deals that will give the
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BAE Systems advised its shareholders to sell the British defence group's 20 percent stake in Airbus to the Franco-German aerospace firm EADS for 2.75 billion euros (3.5 billion dollars).
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The electronic-payment processor agreed to buy a rival, the eFunds Corporation, for about $1.8 billion to bolster its debit card business.
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US GROUP Electronic Arts, the world&#39;s largest video game maker, has acquired 19.9 per cent of French rival Ubi Soft Entertainment from Talpa Beheer for an undisclosed sum.
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DaimlerChrysler  has placed a 7.5 percent stake in EADS  with a public-private consortium in a 1.5-billion-euro deal that maintains the Franco-German balance of power at the aerospace group.Comment
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Electronic Arts Inc.  has sold the movie rights for  "The Sims," the best-selling computer game, of all time to 20th  Century Fox, Variety said on Friday.
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The shedding of AOL's international operations continued Thursday as Time Warner announced it had sold its AOL France division to Internet service provider Neuf Cegetel in a 288 million euros. Talks to sell AOL UK are continuing.
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Electronic Arts Inc., the top US video-game maker, aims to be the biggest supplier for Sony Corp.&#39;s handheld console, expanding its share of the $2 billion global market for handheld games.
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Electronic ArtsÂ interest in buying up a piece of Ubisoft draws an arrow on the odd paradoxes of the video game industry in France.
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Electronic Arts Inc.  on  Tuesday posted a smaller-than-expected loss and said this  quarter's revenue should top analysts' estimates, lifting  shares of the world's largest video game publisher.
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Sony Communication Network Corp. (3789.T)  said on Friday it would buy a 27 percent stake in Gamepot Inc.  (3792.SP), an operator of a popular online golf game, for 2.6  billion yen ($22 million), as Sony Corp.'s (6758.T) Internet  unit strives to beef up its online game operations.
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Video game publisher Electronic Arts on Monday said it had signed an exclusive agreement with the National Football League and the marketing arm of its players&#39; union, giving EA the sole rights to put NFL players, stadiums and teams in its games.
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PARIS The French government formally ceded control of France TÃ©lÃ©com on Wednesday as it began the sale of up to E5.8 billion of shares in the second-largest European phone company.
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Archipelago Holdings, US owner of ArcaEx, the world's largest electronic stock market, is leading the race to buy Instinet, an electronic brokerage owned by the British news and information giant Reuters.
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US video game powerhouse Electronic Arts (EA) announced deals to craft updatable advertising into software for games made for personal computers and Xbox 360 consoles.