Electronic Arts is reportedly on the verge of a $50 billion buyout that would take the company private. The video game giant has been publicly traded for decades, debuting on the stock market all the way back in 1990, and has since grown into one of the most recognizable names in the gaming industry. Now, things could be changing for EA, with a potentially record-breaking deal on the horizon.
So far, the year has offered a mix of ups and downs for the publisher. While the revamped Skate has largely faltered among fans, the company had a massive hit on its hands with Split Fiction. There's more yet to come, as Battlefield 6's open beta drew over 500,000 concurrent players on Steam, more than any Call of Duty game to date. As big as Battlefield is looking, though, it may not be the biggest news for EA, depending on how its reported sale plays out.
According to a report from the Wall Street Journal, "people familiar with the matter" have said that a group of investors is preparing for a roughly $50 billion buyout of EA. While EA lost $6 billion in shareholder value at the start of...
