EA Nears Potential Historic Leveraged Buyout

30 days ago

Host

"Having said that, I've got to talk about EA Electronic Arts, because that is your number one gainer in the S&P 500, NASDAQ 100. Kind of ran into that spot after we saw that headline cross initially with the Wall Street Journal story, but Bloomberg also matching the reporting. Electronic Arts up about 15% here at the close today. This, as that story came out, that this company is nearing a deal to go private. It would be a massive deal to go private."

EA is experiencing a 15% run-up at the close, amid news that it is nearing a potential $50 billion leveraged buyout to go private, which is poised to be the largest LBO in history. The involvement of major players like Silver Lake and Saudi Public Investment Fund is noted, making it a key catalyst for investor attention.

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