Jared Kushner’s Firm Is Said to Be Part of $50 Billion Buyout of Electronic Arts
13 Articles
13 Articles
News from HD Technology. Visit www.hd-tecnologia.com for the latest news. Saudi Arabia could close one of the biggest deals in the history of video games. Reportedly, the country would be buying Electronic Arts for $50 billion, which would be a huge change for the entire gaming industry. The role of the Saudi Investment Fund The money would come from the Saudi Arabian Public Investment Fund (PIF), in collaboration with private firms such as Silv…
4:59 PM There's a good chance a bid will be made for the maker of popular sports games on Monday. One of the buyers is President Trump's son-in-law.
EA Is Reportedly to Be Sold in a Deal Worth $50 Billion; an Official Announcement Could Happen as Soon as Next Week
Image: EA A shocking new development has arisen with news that Electronic Arts is reportedly prepping to be sold in a deal worth $50 billion. According to Reuters, EA is being sold to a private U.S. investor group and Saudi Arabia in what could be the world’s largest documented “leveraged” buyout yet. A leveraged buyout occurs when money is borrowed for the purchase of a company, typically by private equity firms, whereby the company then serves…
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