According to a news article at the New York Post, gaming giant Electronic Arts is quietly exploring sale options. With the rumors flying today, EA's stock has risen about 10%. EA is reportedly in early talks with KKR and Providence Equity Partners.
Providence is the owner of Bethesda.
Like its rivals, 30-year-old EA has been challenged by the changes roiling the traditional gaming business. Sales of hardware consoles and software have slumped along with the rise in popularity of mobile and casual games that users can play for free online. Consumers are also buying fewer $60 games.
Read more at the New York Post.
