Dark or Light

EA, Amazon & Comcast Join Netmarble & Kakao by Submitting Bids to Purchase Nexon

Suzie Ford Updated: Posted:
News 0

According to VentureBeat.com, Electronic Arts, Comcast and Amazon are all in the running to purchase Nexon and all have submitted a bid for ownership. Other companies that are actively in the hunt for Nexon assets include Kakao and Netmarble as well as "a private equity fund MBK Partners". According to Maeil Business, a Korean business journal, the bids are expected to top $9 billion to take over the 98.64% stake being sold by founder Kim Jung-ju.

Other investment firms are "reportedly attempting to partner with US gaming companies to round up the funds for a bid" as well. These investment firms include KKR, TPG and Carlyle.

Read more at the link above.


Suzie Ford

Suzie is the former Associate Editor and News Manager at MMORPG.com. Follow her on Twitter @MMORPGMom