Posted on 08/04/2026 8:53:03 PM PDT by MinorityRepublican
The sale of gaming giant Electronic Arts (EA) for $55bn (Β£41bn) to a group of buyers including Saudi Arabia's Public Investment Fund (PIF) has been finalised.
The American company is known for making and publishing best-selling games such as EA FC, formerly known as Fifa, The Sims and Mass Effect.
The investors, who include Affinity Partners - led by President Donald Trump's son-in-law, Jared Kushner - are taking EA private, meaning all of its public shares will be purchased and it will no longer be traded on a stock exchange.
It is thought to be the largest leveraged buyout in history, meaning a significant part of it is paid for with borrowed money, which the company will have to pay back.
This is because as well as the $36bn it has already put into the deal, PIF needs to borrow $20bn from investment bankers JPMorgan to close it, with the business taking on the debt.
(Excerpt) Read more at bbc.com ...
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Not that I follow video gaming but will we see Jihad 26 soon?
meaning all of its public shares will be purchased and it will no longer be traded on a stock exchange.+
Grand Theft Camel
I used to play their games, a long time back.
They ruined Bioware.
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Maxxis, and Origin too. They released a Battlefront game in which you could play as a black woman fighting for the Kaiser in World War 1. EA ruined the legacy of the X-Wing vs. Tie Fighter games with that abomination Star Wars: Squadrons. EA has been horrible for a couple of decades now.
Hope they drive it into the ground. Then maybe Richard Garriot can get Ultima back
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