Electronic Arts surges 14% on report of sale to Amazon

Shares of Electronic Arts Inc.
EA,
+4.07%
soared 14% in premarket trading on Friday following reports that Amazon.com Inc.
AMZN,
-1.53%
is planning to announce a deal to buy the videogame maker. According to USA Today, which was the first U.S. outlet to report on it, rumors have been circling online about a potential acquisition for EA, with Amazon, Apple Inc.
AAPL,
-0.68%
and Walt Disney Co.
DIS,
-0.99%
among the potential suitors. A deal for EA would follow Microsoft Corporation’s
MSFT,
-0.78%
deal to buy Activison Blizzard
ATVI,
-0.04%
for $69 billion, another major deal in the video-game space. It also comes on the heels of Amazon’s deal to purchase Roomba-maker iRobot
IRBT,
+0.06%.
Amazon may announce the deal later on Friday. The price of the deal has yet to be reported.