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EA: What do Saudi Arabia and US get from video game deal?
Summary by Deutsche Welle
3 Articles
3 Articles
The US gaming group is taken over by an investor consortium from Saudi Arabia with the participation of the Trump clan. This is probably the end for the legendary developer studio
EA’s $55B power play: What going private means for the industry and investors
EA (NASDAQ:EA) is going private in a US$55 billion deal, backed by Saudi Arabia’s PIF, Silver Lake, and Affinity Partners, ending its decades-long run as a public company Going private gives EA more creative freedom, allowing it to focus on long-term game development without the pressure of quarterly earnings—unlike public rival Take-Two Interactive (NASDAQ:TTWO) However, the deal brings risks, including heavy debt, potential cost-cutting, and r…
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Total News Sources3
Leaning Left0Leaning Right0Center1Last UpdatedBias Distribution100% Center
Bias Distribution
- 100% of the sources are Center
100% Center
C 100%
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