It’s official: EA is going private.
The leveraged buyout will be financed by a staggering $20 billion of debt, which likely means some *aggressive* cost cutting is ahead for EA in the coming months and years.
https://www.businesswire.com/news/home/20250929186526/en/EA-Announces-Agreement-to-be-Acquired-by-PIF-Silver-Lake-and-Affinity-Partners-for-%2455-Billion
In a deal involving a company owned by Jared Kushner, a company that is basically just the Saudis, and $20B of debt.
Good riddance. I hope by “private” they mean we won’t hear from them again–they’re a very private company, they keep to themselves, and never say anything. That sort of private.
Good riddance. I hope by “private” they mean we won’t hear from them again–they’re a very private company, they keep to themselves, and never say anything. That sort of private.
(I know that’s not what it means)