EA goes public in the largest leveraged buyout in history. Here's the story!
70EA could be about to experience its biggest corporate “game over” to date 💸🎮, with a group of investors—including private equity and the Saudi Arabian sovereign wealth fund itself—preparing a record-breaking $50 billion buyout, which would take the company private and private. According to The Wall Street Journal, the deal could be announced within days and would be the largest leveraged buyout ever recorded, meaning a massive amount of debt that EA would end up shouldering if things go wrong… just like Toys R Us 🪦. The timing couldn’t be more ironic: EA has been going through years of setbacks, from losing the FIFA license to the decline of BioWare after the failure of Dragon Age: The Veilguard. Now it all depends on whether Battlefield 6 recovers 🚀. Meanwhile, the Saudis continue to expand their power in entertainment with investments in Capcom, Nintendo, and even WWE, which many call sportswashing. If the deal goes through, iconic studios like BioWare, DICE, Respawn, and franchises like Mass Effect, The Sims, and Star Wars Jedi could face an uncertain future ⚖️🔥.
#Gamer #EA #Videojuegos #electronicarts #Fifa