Silver Lake Waterman News
2 articles
growth-positive
The rumored buyers of EA include investors like Silver Lake and Saudi Arabia's Public Investment Fund.
Electronic Arts (EA), a prominent video game company known for franchises like Madden NFL and FIFA, is reportedly nearing a $50 billion sale to a group of investors, including Silver Lake and Saudi Arabia’s Public Investment Fund. This acquisition could become the largest leveraged buyout in history, primarily funded by debt. Following the news, EAs stock surged by 15% on Friday afternoon. The deal indicates a significant shift for EA, potentially taking the company private and marking a substantial change in its ownership structure.
Acquired-by
Silver Lake to take Endeavor private in deal valuing entertainment firm at $13 bln