EA files with SEC to raise capital
Times Wire Services
Electronics Arts Inc., the second-largest U.S. video game publisher, filed a statement with regulators indicating that it might seek to raise capital.
The filing with the Securities and Exchange Commission paves the way for a future sale of stock or debt securities. Redwood City, Calif.-based Electronic Arts doesn’t have any debt outstanding and reported $2.47 billion in cash and marketable securities as of Sept. 30.
