In a groundbreaking move for the gaming industry, Electronic Arts Inc. (EA) is set to be acquired for a staggering $55 billion, making it the largest leveraged buyout in the sector's history. This monumental deal was announced on September 25, 2023, and The source reports that it is poised to reshape the landscape of gaming as EA transitions to a private entity.
EA's Stock Acquisition Details
The acquisition will see EA's stock priced at $210 per share, providing shareholders with a substantial 25% premium over the current market value. This lucrative offer is expected to attract significant attention from investors and stakeholders alike.
Negotiations Involving Jared Kushner
Jared Kushner is reportedly acting as an intermediary in the negotiations between EA, Silver Lake, and Saudi Arabia's Public Investment Fund, highlighting the international interest in this high-profile transaction. The deal is anticipated to be finalized by the first quarter of 2027, setting the stage for a new era in gaming as EA prepares to operate outside the public eye.
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