Jamdat may be for sale
Jul 12 2005 - 02:19 PM ET | In The News
Rumors are
flying through Wallstreet that mobile game leader Jamdat may be on the auction block. Gaming giant Electronic Arts is said to be the buyer. Jamdat's stock (
JMDT) rose over 9% in trading yesterday on the news.
bq. "Reports today are repeating earlier summer speculation that Electronic Arts could make a bid for mobile game player Jamdat," wrote Smith Barney analyst Elizabeth Osur
No speculative price was mentioned.
[via
MocoNews]
