Recent filings suggest Saudi Arabia's Public Investment Fund (PIF) will own over 90% of EA under the current buyout plan. The deal has garnered considerable attention and speculation since before it was even official, with many both in and outside the gaming industry questioning how it could affect the video game giant and the sector as a whole. While much remains uncertain about EA's privatization, a new report sheds light on how ownership will be divided between investors.
Shortly after a Wall Street Journal report leaked news of the deal, EA confirmed it was being acquired for $55 billion in the largest leveraged buyout in history. If all goes according to plan, EA stocks will no longer be available for public trading, with a small group of major investors taking complete ownership of the company. That group consists of the PIF and private equity firms Silver Lake and Affinity Partners, but it's now looking like one of those three will have a much larger ownership stake than the others.
EA releases an official statement to employees and other stakeholders about its recent $55 billion buyout and how that might affect the company.
A new report from the Wall Street Journal...
