343iBot Posted January 21, 2021 Report Share Posted January 21, 2021 EA's acquisition of racing game studio Codemasters is one step closer to becoming a reality. VideoGamesChronicle reports that Codemasters' directors have agreed that they will vote to approve the $1.2 billion deal, even if a higher bid comes in later. Directors CEO Frank Sagnier, chief financial office Rashid Varachia, and executive director Ian Bell--who collectively control 4.34% of Codemasters--have all agreed to vote to close the deal. It will be finalized during a meeting scheduled for February 3, 2021. Enough shareholders will also need to support the acquisition plan. The approval from the directors this week comes after the Codemasters board unanimously recommended for its shareholders to agree to the deal. Continue Reading at GameSpotView the full article Quote Link to comment Share on other sites More sharing options...
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