Jamdat Investor Sues EA

As a follow-up to the announcement that Jamdat was being purchased by powerhouse Electronic Arts, Gamespot has the news that a Jamdat investor is suing to stop the business deal. From the article: "While Wedbush Morgan Securities analyst Michael Pachter said EA 'bought Jamdat for a fair price if they intend to get big,' some questioned the premium paid to become an instant player in the growing mobile market. Piper Jaffray's Anthony Gikas said the $680 million figure was actually $200 million too high. Even so, Gikas favored EA's purchase in a note to investors, telling them, 'don't sweat the small stuff.'"