Electronic Arts Set for Private Buyout

27 days ago

Multiple Speakers

"I just wanted to put out electronic arts. I mean this one about to be public no more. The stock was up about four and a half percent this after agreeing to sell to a group of private investors in a deal that values the company at about 55 billion marking the largest leverage buyout on record."

Electronic Arts is in the process of being taken private through a massive leveraged buyout valued at $55 billion, including around $20 billion of debt. The news comes on the heels of a 15% jump earlier, followed by a 4.5% increase, fundamentally changing its trade profile for public investors.

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