EA is reportedly about to be sold in a record-setting $50 billion buyout to an investor group that includes private equity and Saudi Arabia

[⭐⭐⭐⭐⭐]

As reported by the The Wall Street Journal, gaming giant EA is set to go private⁠—that is, no longer be traded on the stock market⁠—in a $50 billion deal with an investor group. This would be the largest such leveraged buyout ever recorded.

According to the WSJ's anonymous sources, EA could be sold for as much as $50 billion, though the final price has not yet been agreed on, and EA has an estimated market value of $43 billion. The group of investors reportedly includes the private equity firm Silver Lake and the government of Saudi Arabia's Public Investment Fund.

The deal could be announced as early as next week, and would be the largest leveraged buyout ever recorded. A leveraged buyout is when a private equity firm uses a significant amount of borrowed money to seal the deal, with the asset set to be acquired used as collateral in the debt.

https://www.wsj.com/business/deals/ea-private-deal-buyout-video-game-maker-808aefec

 

[br82186]

Saudi just buying every damn thing just to cleanse how shyt their country and governance is

Tyler King (@tyleraking.com)

This post requires authentication to view.

bsky.app

 

[Diunx]

They are shyt as a public company, will continue to be shyt as a private one.

 

[MikelArteta]

hopefully some fatwa issues for garbage azz games

 

[Black Steph Curry]

EA fnna get taken to the chop shop.

 

[Bryan Danielson]

wow

 

[⭐⭐⭐⭐⭐]

It happened

 

[Black Hans]

The EA president must've found a horse's head in their bed. It's what it is.

 

[⭐⭐⭐⭐⭐]

May Madden 26 be the last MUT/micro-purchase Madden


It's over brehs

 

[jadillac]

May Madden 26 be the last MUT/micro-purchase Madden


It's over brehs

They're going to really nickel and dime everything they can now.

 

[Kingcobrakai]

Can’t wait until they create their own Civilization game and the only two choices you can play the game as is

-Repressive Islamic regime

-Repressive Zionist regime

 

[⭐⭐⭐⭐⭐]

They're going to really nickel and dime everything they can now.

We don’t know that … but we do know that is what it has been
But it’s an under new management situation

Might see value in the thing long term and who knows … nickel and diming everything they can off of it might come in different forms, but first they have to deliver products that enrich the value of the IP that they just paid so much to acquire

It could be an entirely different business model

 

[Diunx]

Can’t wait until they create their own Civilization game and the only two choices you can play the game as is

-Repressive Islamic regime

-Repressive Zionist regime

Finally gonna be able to build a chest shytting friendly luxiry hotel in Sim City

 

[Return of the Jedi]

This is really part of a larger, more macroeconomic trend of companies moving into private ownership because public ownership is no longer required to generate investment funds. Why be a publicly traded company and have to deal with shareholders and regulations and potential interference from hedge funds or other activist investors that could stage hostile takeovers?

fukk all of that now.There’s enough private donors with fat pockets that can hand that money over to you without all of that grief.

The losers are small investors, like retirement account holders. We're getting less and less options for public investment.

 

[Womb Raider]