EA strikes deal to go private
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Video game publisher Electronic Arts (EA) said on Monday that it will go private in a historic $55B deal led by several private equity firms. Read for more.
Shares of Electronic Arts jumped 15% Friday after a report that the company is finalizing a deal to go private at a $50 billion valuation.
Videogame giant Electronic Arts will be taken private in a record-breaking $55 billion leveraged buyout by a consortium consisting of private equity firm Silver Lake, Saudi Arabia's Public Investment Fund and Jared Kushner's Affinity Partners,
Electronic Arts will go private in a $55B leveraged buyout by Silver Lake, Saudi PIF, and Affinity Partners. EA shareholders to receive $210 per share