Mergers and Acquisitions
Ongoing coverage on Mergers and Acquisitions.
Latest coverage
Supercell acquires Metacore to add Merge Mansion to its "live games portfolio"
Supercell is acquiring Metacore, the developer of the popular mobile game Merge Mansion. The deal aims to integrate Merge Mansion into Supercell's live games portfolio, leveraging Supercell's expertise in scaling global live games. Merge Mansion, a merge 2 mystery puzzle game launched in 2020, has reportedly generated around $700 million and boasts over 60 million downloads.
Supercell Fully Acquires Merge Mansion Creator Metacore
Supercell has fully acquired Metacore, the developer of Merge Mansion, consolidating the popular merge-2 puzzler into its live games portfolio. Despite previous investments and attempts to launch new titles, Metacore's sole game, Merge Mansion, will now be the focus of Supercell's operational efforts. The terms of the acquisition were not disclosed.
EA boasts record year thanks to Battlefield 6 and EA Sports FC
Electronic Arts reported record net bookings of $8 billion for the fiscal year ended March 31, 2026, driven by the successful launches of Battlefield 6 and EA Sports FC 26. Despite the record financial performance, the company also conducted layoffs affecting Battlefield developers. EA is currently undergoing a pending acquisition by an investor consortium including Saudi Arabia's Public Investment Fund.
EVE Online studio CCP Games turns independent and rebrands as Fenris Creations
CCP Games, the developer of EVE Online, has become an independent studio and rebranded as Fenris Creations after its management team purchased it back from Pearl Abyss for $120 million. The company will operate autonomously, focusing on its strategy and creative direction for persistent live games. Fenris Creations also announced a research partnership with Google DeepMind to advance AI in complex systems, using EVE Online as a study environment.
CWA Canada president says Saudi buyout of EA should trigger 'virtually every alarm bell'
CWA Canada president Carmel Smyth has urged the Canadian government to scrutinize the proposed $55 billion buyout of Electronic Arts by a consortium including Saudi Arabia's Public Investment Fund due to national security risks. Concerns include potential data misuse, surveillance, and the transfer of sensitive AI technology to a foreign state. The union also highlighted potential job losses for Canadian EA workers due to the deal's financing structure.
GameStop CEO Selling GameStop Stuff On Ebay To Fund Buyout Of Ebay
GameStop CEO Ryan Cohen is attempting to acquire eBay for over $50 billion and has listed GameStop-related items on eBay, including store signs and a Halo 3 flag, to help fund the buyout. Cohen claims this is a way to pay for eBay and pokes fun at skepticism surrounding his leveraged deal proposal. Market figures like Michael Burry have expressed doubts about the financial feasibility of the acquisition.
Pearl Abyss Selling CCP
Pearl Abyss is reportedly selling its entire stake in CCP, the developer of EVE Online, which it acquired in 2018. The sale was announced by Pearl Abyss on Wednesday.
Metacore restructuring to the tune of 'up to 160' redundancies
Metacore is planning a significant restructuring, potentially leading to up to 160 redundancies in Finland, due to the plateaued growth of its hit game Merge Mansion and unsuccessful new investments. Concurrently, Supercell, already a major shareholder, will acquire the rest of Metacore, aiming to scale Merge Mansion back into a leading position within its category.
Pearl Abyss sells CCP back to its CEO for less than half what it paid, plus $20 million in crypto
Pearl Abyss has sold EVE Online developer CCP Games back to its CEO, Hilmar Veigar Pétursson, for $100 million in cash and $20 million in tokens. This sale comes eight years after Pearl Abyss acquired CCP Games for a significantly higher amount. The decision was made after exploring growth strategies, with Pearl Abyss citing shifts in the global gaming environment and company priorities.
GameStop tables $55.5 billion takeover bid for eBay
GameStop has made a $55.5 billion offer to acquire eBay, valuing the e-commerce company at $125.00 per share. The proposal, which includes 50 percent cash and 50 percent GameStop stock, has the support of GameStop's board. CEO Ryan Cohen plans to lead the combined company and aims to achieve $2 billion in annual cost reductions within the first year.
GameStop CEO baffles CNBC anchors in bizarre interview
GameStop CEO Ryan Cohen appeared on CNBC to discuss his unsolicited $56 billion offer to acquire eBay. Cohen proposed cutting $2 billion from eBay's budget and suggested using a mix of stock and cash for the acquisition, but struggled to clearly explain the financing to baffled anchors. The market reacted negatively to the announcement, with GameStop's share price dipping 10%.
eBay issues response to unsolicited GameStop (GME) acquisition offer
eBay Inc. has responded to an unsolicited acquisition offer from GameStop. The ecommerce company issued a statement regarding the proposal.
GameStop confirms $56 billion eBay acquisition bid, promises $2 billion in cuts at the company if the takeover is…
GameStop has confirmed a non-binding acquisition offer for eBay, valued at approximately $55.5 billion in a half-cash, half-stock deal. The company plans to implement significant cost reductions, aiming for $2 billion in annualized savings within twelve months post-acquisition, primarily targeting sales, marketing, product development, and general administrative expenses. GameStop CEO Ryan Cohen expressed confidence in the company's ability to leverage its existing retail footprint and improve eBay's operational efficiency.
GameStop Places eBay Bid
GameStop has submitted a non-binding proposal to acquire eBay for $125 per share, representing a 46% premium. This move could impact GameStop's status as a meme-stock by venturing into a more active marketplace.
GameStop boss says $56 billion offer could turn eBay into a "legit competitor to Amazon," believes there's "nobody who is more qualified" than him to run the auction site
GameStop CEO Ryan Cohen has made a $56 billion offer to acquire eBay, aiming to transform the auction site into a major competitor to Amazon. Cohen believes his experience makes him uniquely qualified to lead the combined entity and has secured $20 billion in financing from TD Securities, though the full funding plan remains unclear.
GameStop Offers To Buy eBay For $55 Billion
GameStop has submitted a non-binding proposal to acquire eBay for approximately $55 billion, offering $125.00 per share in a mix of cash and stock. CEO Ryan Cohen plans to lead the combined company, aiming for significant cost reductions and leveraging GameStop's retail locations for eBay's operations. The proposal represents a substantial premium over eBay's recent stock performance.
GameStop is trying to buy eBay for £40 billion to rival Amazon
GameStop has made an unsolicited offer of over £40 billion to acquire eBay, aiming to create a rival to Amazon. CEO Ryan Cohen proposed a bid of $125 per share in cash and stock, with plans for significant cost-saving measures and potential job cuts. While GameStop has limited cash reserves, it has secured financing commitments and plans to approach eBay shareholders directly if the initial offer is rejected.
Gamestop confirms plans to buy eBay
GameStop has confirmed plans to acquire eBay for $125.00 per share in cash and stock, a significant premium over eBay's current valuation. The proposed strategy involves utilizing GameStop's physical stores for authentication, intake, and fulfillment, integrating a physical presence into eBay's online-only model. GameStop CEO Ryan Cohen will lead the combined entity without salary or bonuses, with compensation tied to performance. The acquisition is expected to result in substantial cost-cutting measures, including significant job losses.
Retailer GameStop Has Made A $55.5 Billion Offer To Buy eBay
US retailer GameStop has submitted an unsolicited, non-binding offer of $55.5 billion to acquire eBay. GameStop CEO Ryan Cohen, who would lead the combined company, believes he can transform eBay into a stronger competitor to Amazon. The feasibility of the offer is in question due to GameStop's significantly smaller market value compared to eBay's.
GameStop Makes $55.5 Billion Offer to Buy eBay
GameStop has submitted a $55.5 billion offer to acquire eBay, proposing a price of $125.00 per share in a combination of cash and stock. This move signals a significant potential shift in the e-commerce landscape.