NewsRamp Gaming and eSports Podcast

Electronic Arts Inc. to Be Acquired for $55 Billion in Record-Breaking Deal


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Electronic Arts Inc. is set to be acquired for $55 billion in the largest leveraged buyout ever attempted by Silver Lake Partners, Saudi Arabia’s Public Investment Fund, and Jared Kushner’s Affinity Partners. This move comes amid stagnant revenues and increased competition in the gaming industry, following Microsoft’s acquisition of Activision Blizzard, as EA seeks to restructure without public market pressures.
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NewsRamp Gaming and eSports PodcastBy NewsRamp