September 30, 2025 - 17:00
Electronic Arts Inc. has entered into a landmark agreement to be acquired in what is set to become the largest leveraged buyout in history. A consortium of investors, featuring a firm led by Jared Kushner, son-in-law of former President Donald Trump, and Saudi Arabia's sovereign wealth fund, has committed to this significant acquisition. The deal, which values the renowned video-game company at approximately $55 billion, underscores Saudi Arabia's ongoing strategy to diversify its investments beyond oil, particularly into sectors like sports and gaming that resonate with global youth culture.
Under the terms of the agreement, the investors will pay $210 per share in cash, representing a 25% premium over Electronic Arts’ stock price prior to the announcement of the negotiations. To facilitate this massive transaction, JPMorgan Chase & Co. is set to provide $20 billion in debt financing. This acquisition reflects the shifting dynamics within the gaming industry, which is currently navigating a challenging economic landscape.
September 29, 2025 - 23:09
The Future of Grand Theft Auto: Navigating Without Dan HouserThe absence of Rockstar co-founder Dan Houser marks a significant turning point for the Grand Theft Auto series. Houser, a pivotal figure in shaping the franchise`s narrative and gameplay mechanics...
September 28, 2025 - 18:30
Major Acquisition on the Horizon: Electronic Arts Set for $50 Billion TakeoverIn a significant development in the gaming industry, reports indicate that Electronic Arts (EA), the publisher renowned for its popular Madden NFL franchise, is on the brink of being acquired in a...
September 28, 2025 - 01:37
Tips and Hints for Solving the Latest Connections PuzzleConnections is a popular word game that challenges players to identify common themes among a set of words. In the latest edition, players are tasked with solving puzzle 839, which requires keen...
September 27, 2025 - 14:18
EA's Potential Sale to Private Investors Could Reach $50 BillionIn a significant development within the gaming industry, Electronic Arts (EA) is reportedly on the verge of being sold to private investors for an estimated $50 billion. This news has generated...