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Electronic Arts Stock (EA) Soars on Reports of Potential $50 Billion Private Buyout
Electronic Arts Stock (EA) Soars on Reports of Potential $50 Billion Private Buyout
22
3
BTCCSquare news:
Electronic Arts surged 15% to a record high of $197.33 following reports of a potential $50 billion Leveraged buyout, possibly led by Silver Lake and Saudi Arabia's Public Investment Fund. The deal, among the largest in history, comes as EA launches 'College Football 26' and prepares 'Battlefield 6' to revive its flagship franchise.
Rival Take-Two Interactive gained 5% on the news, while analysts remain divided on EA's valuation at its current $48 billion market cap. The transaction could be finalized as early as next week, according to Wall Street Journal sources.
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