It’s official: EA is going private.
The leveraged buyout will be financed by a staggering $20 billion of debt, which likely means some *aggressive* cost cutting is ahead for EA in the coming months and years.
https://www.businesswire.com/news/home/20250929186526/en/EA-Announces-Agreement-to-be-Acquired-by-PIF-Silver-Lake-and-Affinity-Partners-for-%2455-Billion
In a deal involving a company owned by Jared Kushner, a company that is basically just the Saudis, and $20B of debt.
But you aren’t wrong. There’s no way to know that via Bluesky unless you’ve happen to read his stuff from Bloomberg and before. It’s almost like Twitter is a terrible format for news or something…
To add to this, Jason Schreier is a well known, and well sourced, gaming journalist.
https://en.wikipedia.org/wiki/Jason_Schreier
But you aren’t wrong. There’s no way to know that via Bluesky unless you’ve happen to read his stuff from Bloomberg and before. It’s almost like Twitter is a terrible format for news or something…