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/
This is an interesting development for EA! A move to go private could bring about some significant changes in the gaming industry. It’ll be intriguing to see how this unfolds and what it means for their future projects.
Absolutely! Going private might allow EA to focus more on long-term strategies without the pressure of quarterly earnings reports. It could also lead to more innovative game development, as they might take bigger risks without immediate shareholder scrutiny.