1. Home
  2. Tag "EA Sports"

EA to Go Private in Record $55 Billion Deal, Shareholders to Receive $210 Per Share

wolfcanine
0
0
4
Electronic Arts (EA) announced Monday that it will be taken private in a massive $55 billion all-cash acquisition led by Saudi Arabia’s Public Investment Fund (PIF), Silver Lake, and Affinity Partners. Under the agreement, EA shareholders will receive $210 per share in cash, marking one of the largest leveraged buyouts in Wall Street history. The […]

Samsung Warns of 56% Profit Drop as AI Chip Race Leaves Tech Giant Lagging