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How Electronic Arts’ $52.5 billion go-private deal could impact the video game industry
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KTAR.com
NEW YORK (AP) — In what could become the largest-ever buyout funded by private equity, video game maker Electronic Arts has agreed to be acquired for a staggering $52.5 billion.
The proposed buyout also marks the latest move from Saudi Arabia’s sovereign wealth fund PIF to invest in gaming.
By going private, EA will be able to retool operations without worrying about market reactions.
“This proposed deal is likely to face similar criticism,” Cote added.
Among the other notable names in the proposed buyout is Kushner.