Investment bankers said EA continued to reduce its stock of nine cities to 2.74% within 2 weeks.

Source: Internet
Author: User
Keywords Reduction investment bank People said
Tags company continued gaming gaming companies it is it is understood stock total
July 1, according to investment bankers, the US EA company continued to reduce its nineth-city shares in nearly 2 weeks, selling nearly 1.3 million ads, with a stake of 2.74% per cent. It is understood that this is the second time that EA sold.  The last Sell-off occurred in 4 May, with a total of nearly 12.76 million ads sold, from 15% per cent to 7.74%. In May 2007, EA, one of the world's largest gaming companies, contributed $167 million to acquire about 15% per cent of the Nineth city of Chinese gaming companies.  The acquisition, the Nineth City share price of 40 U.S. dollars up and down, as of June 29, 2010, the nine city stock price of 4 U.S. dollars. According to people familiar with the analysis, the sale of EA and nine city performance expectations related. Finish)
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