Reports: EA set to be sold to private investors for up to $50B

4 hours ago

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Electronic Arts (EA) is planning to go private in a deal potentially worth $50 billion.
The deal could be announced next week, with interest from Silver Lake, Saudi Arabia's PIF, and Jared Kushner's Affinity Partners.
Saudi PIF already owns about 9% of EA, making it one of the largest shareholders.
PIF has significant investments in other gaming giants like Nintendo, Activision Blizzard, and Capcom.
EA's stock price surged 15% following the news after a flat month.
EA went public in 1990 and had a market cap of $1.61 billion by 1996.
Before the stock bump, EA's valuation was around $43 billion, driven by franchises like Madden NFL, EA FC, The Sims, and Battlefield.

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