duderville
2 months agoRising Vanguard
EA Sold for $55 Billion
From Forbes on 9/29/2025:
Electronic Arts will go private in a $55 billion all cash buyout led by Saudi Arabia’s Public Investment Fund, Silver Lake and Jared Kushner’s Affinity Partners, the largest leveraged buyout on record and a high stakes wager that one of gaming’s most iconic publishers can scale faster off Wall Street.
The article talks about profits and other business, but barely mentions gaming. I have a bad feeling about private equity firms taking control of any business. Not sure they'll focus much on Buildit. Only time will tell.