Video Games: Why Does the Purchase of Electronic Arts Worry Sims Fans?
3 Articles
3 Articles
On Monday, September 29, EA announced its buy-back of $55 billion. Among the members of the investment fund consortium behind the buy-back, Jared Kushner, Donald Trump's son-in-law, or the Saudi public investment fund. Sims players, EA's ultra-profit license, are worried about the future of their favorite game. - Video games: why the buy-in of Electronic Arts worries Sims fans? (Economy).
By Jorge Gutiérrez The video game developer Electronic Arts (EA) agreed to sell it to a consortium made up of the private capital firm Silver Lake, the Saudi Arabian Public Investment Fund (PIF) and Affinity Partners, in an operation valued at $55 billion. As part of the agreement, EA shareholders will receive $210 per share in cash, representing a 25% premium on the closing price of September 25, before the negotiations are known, the transacti…
Electronic Arts is to be sold for $55 billion – to a consortium with Saudi SWF and Jared Kushner's investment firm.
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