Video-game publisher Electronic Arts Inc. (ERTS) intends to spend about $200 million on a 19% stake in China's The9 Ltd. (NCTY) (Shanghai Securities News)
The report said the companies had basically reached agreement on the deal, which would give Electronic Arts entry to the Chinese market and help The9 gain operating rights for Electronic Arts' games in China.
Electronic Arts has been trying to gain access to the Chinese multiplayer online games market, and has had negotiations and partnership talks with several local players according to the report.
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