India, Sept. 30 -- Electronic Arts, or EA, the video game giants, this week agreed to a $55 billion acquisition that'll take the company private. The Consortium that's agreed to a deal to take over EA consists of Saudi Arabia Public Investment Fund (PIF), Silver Lake, and Affinity Partners. This deal is expected to be completed by the end of June next year with regulatory approval milestones along the way, which would mark EA's 2027 financial year. It'll mark the end of EA's 35-year run as a publicly traded company.
As far as leveraged buyouts go, this deal potentially surpasses (subject to completion, of course) the 2007 transaction for TXU, or Energy Future Holdings, believed to be in around $48 billion. If you are remembering the Hilt...
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