Electronic arts to acquire glu mobile, creating a new global leader in the largest and fastest growing gaming segment

Redwood city, calif.--(business wire)--electronic arts inc. (nasdaq: ea), a global leader in interactive entertainment, and glu mobile inc. (nasdaq: gluu), a leading global developer and publisher of mobile games including design home, covet fashion, and mlb tap sports baseball, have entered into a definitive agreement under which electronic arts will acquire glu mobile. under the terms of the agreement, ea will acquire glu for $2.1 billion in enterprise value. glu stockholders will receive $12
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