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.
It’s being bought by blood money (Kushner’s $2billion investment/bribe to hush up the US government about the brutal murder of a US resident journalist at the hands of the Saudis). Plus a country that somehow is even more squeamish about content than the US is in charge - look forward to way more censorship.
This specific instance? Worse.
It’s being bought by blood money (Kushner’s $2billion investment/bribe to hush up the US government about the brutal murder of a US resident journalist at the hands of the Saudis). Plus a country that somehow is even more squeamish about content than the US is in charge - look forward to way more censorship.