ELECTRONIC ARTS REACHES AGREEMENT FOR RECOMMENDED ACQUISITION OF CODEMASTERS GROUP HOLDINGS PLC Leader in Interactive Entertainment & UK-Based Game Developer & Publisher Set to Thrill Racing FansAcquisition Agreement • December 14th, 2020 • Electronic Arts Inc. • Services-prepackaged software
REDWOOD CITY, Calif.--(BUSINESS WIRE)-- Today, Electronic Arts Inc. (NASDAQ: EA) announced that it has reached an agreement with the Board of Codemasters for the recommended acquisition of Codemasters, the UK-based game developer and publisher. In the transaction, Codemasters' shareholders will be entitled to receive 604 pence (approximately US$7.98*) in cash for each ordinary share of Codemasters with an implied enterprise value of US$1.2 billion*. The acquisition is anticipated to be completed in the first quarter of calendar 2021.
ELECTRONIC ARTS INC. CODEX GAMES LIMITED CODEMASTERS GROUP HOLDINGS PLC CO- OPERATION AGREEMENTCo-Operation Agreement • December 14th, 2020 • Electronic Arts Inc. • Services-prepackaged software
