A report from The Wall Street Journal reveals that EA is closing in on a deal to become a private company, with private equity investors including Saudi Arabia’s Public Investment Fund and the firm Silver Lake putting up a massive $50 billion to buy out the company. According to The WSJ, if this buyout were to go through, it would go down as the “largest leveraged buyout ever.” Details on the deal are currently unclear, and of course, we don’t necessarily know if it’ll go through or not. Large-stakes deals involving Saudi Arabia and its growing interests in the videogame […]
Read full article at https://wccftech.com/ea-reportedly-closing-in-on-deal-to-go-private-massive-50-billion-buyout/