None
TR
EA Levels Up With $55 Billion Buyout — Biggest Gaming Deal Ever [REPORT]
['Donny Meacham']
94.5 KATS – Yakima Valley\'s Rock Station – Yakima Rock Radio
Electronic Arts — the studio behind Madden NFL, Battlefield and The Sims — just hit a new boss level.
On Monday (Sept. 29), the video game giant announced it agreed to be acquired in an all-cash deal worth $55 billion, which could become the largest private-equity buyout ever.
According to CNBC, EA shareholders are cashing in big with a $210 per share payout.
CEO RespawnDespite the shake-up, EA’s current CEO Andrew Wilson isn’t going anywhere.
So yes — The Sims will keep expanding, Madden will keep dropping every year, and a whole lot of investors just got a whole lot richer.