Video game company is electronic arts Near $ 50 billion sales According to a report by The Wall Street Journal, for a group of investors including Silver Lake and Saudi Arabia’s Public Investment Fund.
EA Maden is known for its annual sports titles in franchises like NFL, FIFA and NBA Live, as well as video game series like Sims, Battlefield, Speed for Need and Star Wars.
According to the Journal report, the deal can be the largest leveraged byout in history, meaning that the deal is mostly funded with debt.
After the breakdown of the news that EA could be private, the stock jumped 15% on Friday afternoon.
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