It’s official: EA is going private.
The leveraged buyout will be financed by a staggering $20 billion of debt, which likely means some *aggressive* cost cutting is ahead for EA in the coming months and years.
https://www.businesswire.com/news/home/20250929186526/en/EA-Announces-Agreement-to-be-Acquired-by-PIF-Silver-Lake-and-Affinity-Partners-for-%2455-Billion
In a deal involving a company owned by Jared Kushner, a company that is basically just the Saudis, and $20B of debt.
Gabe Newell is basically a benevolent dictator. Valve is proof that private companies have the potential to not completely suck and publicly traded ones basically always seem to suck.
Gabe Newell is basically a benevolent dictator. Valve is proof that private companies have the potential to not completely suck and publicly traded ones basically always seem to suck.
Its just that usually private ones suck as well.