Amazon, EA, & Comcast Are Joining The Bidding War For Nexon
Nexon has been on sale for some time now and all eyes are on who will be bidding for controlling shares of South Korea’s largest gaming company. Last week, Netmarble and Kakao Games backed by Tencent submitted their bids for the Korean gaming giant. According to VentureBeat Amazon, Electronic Arts, and Comcast have also just joined the bidding war.
Other companies are also looking to acquire Nexon including the private equity fund, MBK Partners and investment firms Carlyle, KKR, and TPG. According to one Korean business journal Maeii Business, bids are expected to surpass the $9 Billion mark.
We'll keep you posted as the deal plays out.