As reported by the The Wall Street Journal, gaming giant EA is set to go private—that is, no longer be traded on the stock market—in a $50 billion deal with an investor group. This would be the largest such leveraged buyout ever recorded.
According to the WSJ's anonymous sources, EA could be sold for as much as $50 billion, though the final price has not yet been agreed on, and EA has an estimated market value of $43 billion. The group of investors reportedly includes the private equity firm Silver Lake and the government of Saudi Arabia's Public Investment Fund.
