EA, a gaming superpower that has reigned supreme over various genres for decades, could be going private as it is reportedly negotiating a $50 billion deal with the Saudi Arabian Private Investment Fund (PIF) and American private equity investment firm Silver Lake.
As per the Wall Street Journal, “a group of investors including private equity firm Silver Lake and Saudi Arabia's Private Investment Fund could unveil a deal for the publisher as soon as next week.” The price is yet to be determined, but sources told WSJ that EA's value could reach as high as $50 billion. If the deal does go through, it'll be the biggest “leveraged buyout deal” in history, eclipsing the acquisition of energy company TXU, which was purchased for 32 billion dollars, also by a group of private equity firms.
