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EA Exploring Sale?

New York tabloid NYPOST.com reports Electronic Arts is exploring potential transactions with private equity firms KKR and Providence Equity Partners, attributing the rumor of a sale to "sources." Their attempt to get a response from EA on this failed as the company told them it does not comment "on rumor and speculation." Likewise they could not pry anything about this out of KKR or Providence. They quote a "source familiar with the company" saying: "They’ve made it known they’d do a deal at $20 a share."

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