EA to pay $750M for PopCap Games

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And the company forecast an adjusted second-quarter loss of 5 cents to 15 cents per share, which Riccitiello attributed to expenses related to the PopCap purchase, as well as increased marketing costs. Analysts had been expecting a profit of 12 cents per share.

EA shares declined 79 cents to $23.27 in extended trading. The stock finished regular trading down 22 cents at $24.17.

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