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Friday January 6, 2006 12:25 am
Federal Trade Comission Approves EA-Jamdat Merger
Near the end of 2005, Electronic Arts announced it would purchase Jamdat, a huge cell phone game publisher, for the grand sum of $680 million. The U.S. government’s FTC recently approved the deal, so full steam ahead! There wasn’t really any doubt that the deal wouldn’t go through but now we’re one step closer to the deal being completed. We’re looking forward to seeing if EA strikes it big with Jamdat under its wings.
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