EA Reels In Social Gaming Co. Playfish For $275M
EA, headquartered in Redwood City, Calif., paid $275 million in cash and approximately $25 million in equity retention for London-based Playfish, according to a statement.
The sellers may also earn an additional $100 million if the company achieves certain performance milestones before Dec. 31, 2011, EA said.
Attorneys for Playfish said the transaction was the most significant deal to...
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