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Electronic Arts explores going private with major $50B buyout deal from investor group

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1 hour ago

Video game maker Electronic Arts – known for The Sims, Madden NFL, Plants vs. Zombies and more – could be going private soon with a valuation of roughly $50 billion.The possible deal, first reported by The Wall Street Journal, would mark the largest ever leveraged buyout in history. A group of investors including private equity firm Silver Lake, Saudi Arabia's Public Investment Fund and Jared Kushner's Affinity Partners could unveil a deal for the publisher as soon as this week, sources told Reuters on Friday.Shares of Electronic Arts, better known as EA, closed around 15% higher on Friday. Th...

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