
Computer game mega-publisher Electronic Arts is preparing to take the business personal in an offer that might be worth as much as $50 billion, according to reports from The Wall Street Journal, Reuters, and Financial Times.
All 3 outlets mention confidential sources in reporting that the offer might be revealed next week, with Silver Lake, Saudi Arabia’s Public Investment Fund (PIF), and Jared Kushner’s Affinity Partners apparently thinking about investing. The Wall Street Journal states the relocation “would likely be the largest leveraged buyout ever.”
The Saudi PIF currently had an approximately 9 percent stake in EA since a year earlier, making it among the biggest investors in the business. That fund likewise has substantial financial investments in video gaming giants such as Nintendo, Take-Two, Activision Blizzard, Capcom, Nexon, and Koei Tecmo handled through the Savvy Games Group.
EA’s stock cost instantly leapt approximately 15 percent on Friday afternoon, following a month in which its stock cost had actually stayed fairly flat.
EA went public with an IPO on the NASDAQ stock market in 1990, and by 1996 its market cap had actually increased to $1.61 billion. Before today’s stock rate bump, the business’s evaluation was hovering around $43 billion, driven by franchises such as Madden NFL EA FC (previously FIFA The Simsand Battleground
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