#buyout

#buyout

A new report claims that Electronic Arts is close to finalizing a deal to go completely private via a $50 billion buyout being put together by a group of investors that includes multiple private-equity companies as well as Saudi Arabia's Public Investment Fund (PIF). The deal could be unveiled as soon as next week. On September 26, The Wall Street Journal reported that massive video game publisher EA, the company behind popular and lucrative annual sports games like Madden,

"It fuels me completely. It's a different type of drive that I've been wanting to express for a long time. I think this is the perfect timing, here in the purple and gold."