EA, Saudi Arabia
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Saudi Arabia's $925 billion Public Investment Fund (PIF) is backing the largest buyout ever, in a deal that speaks to the kingdom's renewed ambitions to become a cultural powerhouse. Why it matters: The deal,
Electronic Arts confirms $55B buyout by Saudi Arabia’s PIF, Silver Lake, and Affinity Partners. What does this mean for Battlefield 6 and the future?
Industry analysts weigh in on how Saudi Arabia's leveraged buyout will impact one of gaming's biggest publishers
EA stock is surging on news that the video game company is set to be taken private in what will be the largest leveraged buyout ever.
Videogame developer Electronic Arts has agreed to sell itself to a group of private investors in a deal that values the maker of "Battlefield" and "Madden NFL" at $55 billion, making it the largest leveraged buyout in history.
Videogame maker Electronic Arts Inc. confirmed Monday that it will be acquired by Saudi Arabia’s PIF sovereign-wealth fund, private-equity firm Silver Lake and Jared Kushner’s Affinity Partners in a $55 billion deal,