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Video game mega-publisher Electronic Arts is planning to take the company private in a deal that could be worth as much as $50 billion, according to reports from The Wall Street Journal, Reuters, and Financial Times.
All three outlets cite anonymous sources in reporting that the deal could be announced next week, with Silver Lake, Saudi Arabia's Public Investment Fund (PIF), and Jared Kushner's Affinity Partners reportedly interested in investing. The Wall Street Journal says the move "would likely be the largest leveraged buyout ever."
Wow!! This is crazy!!
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