One of the biggest gaming publishers in the world is set to go private, shaking up the landscape. That's according to the Wall Street Journal, which reports on Friday that Electronic Arts (EA) is close to a $50 billion deal that will see the publisher go private through a leveraged buyout.
Citing sources familiar with the plans, the report indicates that the buyout would be funded by a group of investors, including the private equity firm Silver Lake, as well as the Saudi Arabian Public Investment Fund (PIF).
Details are scarce, but the report indicates that this news could be officially announced as early as next week.
