Electronic Arts Prepares for Major Private Equity Buyout Amid Staff Concerns
TL;DR
Electronic Arts has announced that following its $55 billion buyout by a consortium including Saudi Arabia's PIF, Silver Lake, and Affinity Partners, there will be no immediate changes to its workforce or culture, and the company expects to maintain its strategic direction and leadership during the transition.
- EA says there will be no "immediate changes" to its workforce following leveraged buyout GamesIndustry.biz
- Video gamer Electronic Arts to be bought in largest-ever private equity buyout valued at $55 billion AP News
- Exclusive | Videogame Giant Electronic Arts Nears Roughly $50 Billion Deal to Go Private The Wall Street Journal
- One of the world’s biggest video game companies plans to sell to some of the world’s most powerful people Game File | Stephen Totilo
- BioWare Staff Worried About Studio’s Future Insider Gaming
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