In a somewhat surprising team up, Jared Kushner and Saudi Arabia’s sovereign wealth fund are joining together to buy video ...
The Sims and Battlefield maker is selling amid sluggish growth after sales swelled during the pandemic lockdowns. Read more ...
Electronic Arts, the maker of EA Sports FC and The Sims, is selling amid sluggish growth for the video game industry.
Independent.ie on MSN
Games maker Electronic Arts agrees $55bn leveraged buyout
Gaming giant Electronic Arts (EA) agreed to sell itself to a group of private investors in a deal that values the company at about $55bn (€ 47bn), marking the largest leveraged buyout on record. The ...
ELECTRONIC Arts (EA) agreed to sell to a group of private investors in a deal that values the company at about US$55 billion, marking the largest leveraged buyout on record. Read more at The Business ...
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Why Saudi Arabia and Trump's son in law are buying a Bay Area video game giant for $55 billion
The $55 billion deal for Redwood City-based Electronic Arts would be the biggest leveraged buyout by a private equity group ever, and a literal game changer in the turbulent video game industry.
The video game industry is in the middle of a turbulent transition. Massive layoffs and corporate restructuring have dominated headlines, but underneath those issues is a ...
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