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Amazon Not Expected to Bid for Electronic Arts

(AP)

Friday, 26 August 2022 08:30 AM EDT

Amazon.com Inc. is not expected to bid for videogame publisher Electronic Arts Inc., CNBC reported on Friday, citing sources.

EA shares jumped 8% in premarket trading after USA Today reported earlier Amazon would announce an offer today for the "FIFA" and "Apex Legends" owner.

Amazon and EA did not immediately respond to requests for comment from Reuters.

EA shares pared gains after the CNBC report.

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