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Sources of the funds will apparently come from Saudi Arabia's Public Investment Fund and Jared Kushner's Affinity Partners amongst others.

Coming from info from Reuters and WSJ, the final price has yet to be agreed on and it will be a "leveraged buyout", which is where a large portion of the money comes from borrowed money. Which would make this the largest leveraged buyout ever, and a significant change in hands for the gaming industry due to just how big EA actually is.

EA control a lot of major franchises including The Sims, Battlefield, Command & Conquer, Apex Legends, Titanfall, Star Wars Jedi series, Mass Effect, Dragon Age, skate., EA Sports FC and the list goes on.

When these things tend to happen, as we've seen many times in the past (and a lot recently), job losses tend to come with things either when it happens or sometime soon after. So there's going to be masses of eyes on this for that too.

If the deal goes through, we could hear about it this week.

What are your thoughts on this?

Article taken from GamingOnLinux.com.
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3 comments Subscribe

wytrabbit 3 hours ago
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So disappointing..
Eike 3 hours ago
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Normally I'd say better private than publicly traded, but Saudi Arabia and Jared Kushner... emoji
rea987 1 hour ago
> The wealth fund is controlled by Crown Prince Mohammed bin Salman, Saudi Arabia's de facto ruler since 2015.

https://en.m.wikipedia.org/wiki/Public_Investment_Fund [External Link]

That prince who ordered the literal butchering of a journalist alive in an embassy of Saudi Arabia. Get your popcorns, PR statements will be interesting.
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