EA is buying Titanfall developer Respawn Entertainment

[Administrator]

EA has announced it will buy Titanfall developer Respawn Entertainment.
The agreement will see EA pay $151 million in cash for Respawn, up to $164 million in long-term equity, and a maximum of $140 million in performance milestone payments.
According to Kotaku, South Korean publisher Nexon, which published the Titanfall mobile game, had made an offer to buy Respawn first. EA apparently had 30 days to match Nexon's offer, which they ultimately chose to do.
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