A Bloomberg video report refers to a South Korean paper claiming that Nexon has contacted EA offering a buyout of the publisher.
As a result of the Nexon bid news, EA's stock price jumped 8.1%, having previously reached a 52-week low.
Nexon specialises in publishing free-to-play massive multiplayer online titles such as Maple Story.
Electronic Arts is one of the industry's largest game publishers, known for blockbuster titles like Mass Effect 3 and its line of sports games such as Madden and FIFA 12.
Both companies have refused to comment on the situation.
A recent report had stated that EA was preparing to cut up to 1,000 employees, nearly 11% of its work force. The cuts were due to lower than expected sales from Battlefield 3 and Star Wars: The Old Republic coupled with its expensive acquisition of PopCap Games.
Electronic Arts was recently named the worst company in America by The Consumerist.
> Read our Battlefield 3 review
> Read our Star Wars: The Old Republic review
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