Jamdat may be for sale

Jul 12 2005 - 02:19 PM ET | In The News
Rumors are flying through Wallstreet that mobile game leader Jamdat may be on the auction block. Gaming giant Electronic Arts is said to be the buyer. Jamdat's stock (JMDT) rose over 9% in trading yesterday on the news. bq. "Reports today are repeating earlier summer speculation that Electronic Arts could make a bid for mobile game player Jamdat," wrote Smith Barney analyst Elizabeth Osur No speculative price was mentioned. [via MocoNews]