Electronic Arts Stock Surges on $50 Billion Go-Private Deal
TL;DR
Electronic Arts stock surged nearly 15% after reports that a group of investors, including Silver Lake, Saudi Arabia's Public Investment Fund, and Jared Kushner's Affinity Partners, are close to a $50 billion deal to take the company private, potentially the largest leveraged buyout ever.
Topics:top-newsbusiness#business#electronic-arts#go-private-deal#investment-group#stock-jump#video-game-industry
- Electronic Arts Stock Jumps On Reported Go-Private Deal Investor's Business Daily
- Exclusive | Videogame Giant Electronic Arts Nears Roughly $50 Billion Deal to Go Private The Wall Street Journal
- Jared Kushner’s Firm Is Said to Be Part of $50 Billion Buyout of Electronic Arts The New York Times
- Videogame maker EA in advanced talks to go private at roughly $50 billion valuation Reuters
- Electronic Arts stock closes up 15% on report company near $50 billion deal to go private CNBC
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