Friday’s reports that Electronic Arts planned to go private were publicly confirmed Monday morning. Silver Lake, Saudi Arabia’s Public Investment Fund (PIF), and Jared Kushner’s Affinity Partners will join together to pay an estimated $55 billion for the video game mega-publisher in a deal being described as the “largest all-cash sponsor take-private investment in history.”
Gross - guess I won’t even wait for BF6 reviews to not buy the game.
Yea fair there is definitely the sportswashing angle on this, but they are absolutely leveraging debt for this purchase which they will put on the company. Their deck also talks a ton about AI, which is where the AI/stripping angle comes from. As to whether they can just ignore the debt because oil money, that’s I suppose another question entirely.