EA Issues Official Statement on $55 Billion Buyout

At the end of September, Electronic Arts (EA) announced it would become a privately held company in a deal worth $55 million – the biggest leveraged buyout ever. If regulators approve the purchase, EA will be owned by a group including two American private equity firms and Saudi Arabia’s Public Investment Fund. While this represents a major shift in ownership for the currently public company, EA’s management team assures everyone that it won’t significantly alter the company’s operations or how it treats its employees.







