EA Surge Amid Record Leveraged Buyout Talk

27 days ago

Carol Master & Tim Stenevich

"EA Electronic Arts, ticker EA, closing up on the day 4.5% when you go back to using a two-day move, up more than 20% this coming after a deal to be acquired in the largest leveraged buyout on record to a group of investors that includes a firm managed by President Donald Trump\'s son-in-law, Jared Kushner, and Saudi Arabia\'s Sovereign Wealth Fund."

Electronic Arts (EA) is riding a strong rally, up over 20% on a two-day move, driven by news of a record-setting leveraged buyout. The acquisition details and high-profile investors are seen as a major catalyst, enhancing the stock\'s appeal, especially for those who entered earlier in the year.

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