Finally, after almost 2 years of battling DICE's shareholders, it looks like EA has completed its acquisition of DICE. DICE is also known as the swedish developer Digital Illusions CE, makers of the Battlefield series, for those of you not in the know.

Electronic Arts will pay 67.50 Swedish Kroner per share, or $8.80, in cash for the developer. This amount represents a 30 percent premium over DICE's closing price as of March 16th, with Electronic Arts holding warrants which entitle it to purchase an additional 2.3 million shares, beyond the current 68 percent stake it recently gained.

The final merger is still subject to shareholder ratification, and is not expected to close until September 2006.

Phase 5 of EA's plan to take over the world is now complete. Bow to your new overlords!

Source: gamasutra.com