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A comment on Amazon stops selling Sim City V over game issues. Parent comment

Re:Amazon stops selling Sim City V over game issues by mmanfrin on Thursday March 07, 2013 @07:56PM (#5341491) 

  EA bought Maxis when they weren't in great financial shape
I'm not familiar with the specifics, but if Maxis was in such dire straits, why did Wright become the largest shareholder of EA as a result of the takeover? And his partner became CEO for a while.
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Re:Amazon stops selling Sim City V over game issues by ekianjo on Thursday March 07, 2013 @09:52PM (#5341836)
> Wright become the largest shareholder of EA as a result of the takeover

Sources?

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Re:Amazon stops selling Sim City V over game issues by pyre on Thursday March 07, 2013 @10:37PM (#5341961)
From Wikipedia[1]:

  > The company's IPO took place in 1995. In 1997, after
  > setbacks on a series of secondary titles, Braun and
  > Wright sold Maxis to Electronic Arts for US$120
  > million in stock. The deal made Braun the largest
  > shareholder in EA at the time.
Not Wright, but a result of the purchase.

Also from Wikipedia[2]:

  > Maxis went public in 1995 with revenue of US$38 million.
  > The stock reached $50 a share and then dropped as Maxis
  > posted a loss. EA bought Maxis in June 1997.
and

  > It was a difficult idea to sell to EA, because
  > already 40% of Maxis's employees had been laid
  > off.
[1] http://en.wikipedia.org/wiki/Jeff_Braun

[2] http://en.wikipedia.org/wiki/Will_Wright_(game_designer)

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