December 14, 2020
(Reuters) – Computer games firm Electronic Arts said on Monday it had reached an agreement to buy Codemasters in a deal worth $1.2 billion, trumping an earlier agreement between the British company and rival Take-Two Interactive Software.
Under the deal, Codemasters shareholders will receive 604 pence per share, compared with the 485 pence per share Take-Two had offered.
(Reporting by Tanishaa Nadkar in Bengaluru; Editing by Aditya Soni)
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