It’s official: EA is going private.
The leveraged buyout will be financed by a staggering $20 billion of debt, which likely means some *aggressive* cost cutting is ahead for EA in the coming months and years.
https://www.businesswire.com/news/home/20250929186526/en/EA-Announces-Agreement-to-be-Acquired-by-PIF-Silver-Lake-and-Affinity-Partners-for-%2455-Billion
In a deal involving a company owned by Jared Kushner, a company that is basically just the Saudis, and $20B of debt.
They had a reputation for buying better companies to own the IPs and gutting the teams before the late 2000s. It’s sort of cathartic seeing that happen to them now, but not really because all the shitheels who made those decisions will probably be getting a nice payout while the actually workers will just get kicked to the curb.
They had a reputation for buying better companies to own the IPs and gutting the teams before the late 2000s. It’s sort of cathartic seeing that happen to them now, but not really because all the shitheels who made those decisions will probably be getting a nice payout while the actually workers will just get kicked to the curb.