Electronic Arts had an interest in buying out Valve according to The New York Times. EA was in very early stages of talks with Valve to buy them out. If the talks had not fallen through, EA would have valued Valve at around $1 billion. Valve co-founder Gabe Newell said that the company’s financials are confidential so it is not known how much the company is worth.
Wedbush Securities Posts
Wedbush Securities Michael Pachter was interviewed by Bloomberg West today about his thoughts on Facebook and Mark Zuckerberg. Pachter criticized Zuckerberg for not showing investors respect by wearing a hoodie during a roadshow. Pachter also said that he does not think Zuckerberg would be fit for running a major company and answering to shareholders.
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