A Group of Investors, Including the son-in-Law of US President Donald Trump, is Taking Computer Games Company Electronic Arts (EA) Off The Stock Exchange. This Involves A Sum of 55 Billion Dollars, One of the Largest So-Called Buy-Outs in Stock Market History.
EA is Known for Popular Games Such as the Football Game Series EA Sports FC (Formerly Fifa) and the Sims . In October, The Company Will Release The latest Installment in Its Shooter Series, Battlefield 6 . EA is Listed on the American Stock Exchange.
The Affinity Partners Group of Donald Trump’s son-in-Law Jared Kushner is one of the Parties Now Taking the Company Off the Stock Exchange. To do this, the investors buy up all the shares and pay a 25 percent premium per share on top of the value. On Friday, the First Details of EA’s Stock Market Departure Leaked, Causing the Share Price to Skyrocket. This is how the high amount of 55 Billion Dollars (About 47 Billion Euros) was reached.
EA HAS Existed Since 1982 and is one of the world’s Largest Independent Video Game Publishers. It was to remain that way. In recent years, Many Independent Game Companies Have Been Tasks about by Larger Parties Such As Microsoft.
Several Rounds of Layoffs Have Now Been implement at EA, which is struggling to grow further. Like competitors, The Company is struggling with consumers who are increasingly playing free games with small in-app Payments. EA Mainly Makes Games for which you pay around 80 euros Once.
In Addition to Kushner’s Company, The Saudi State Fund Pif is also help with the finance. The fund that Manages the Oil Money of Saudi Crown Prince Mohammed bin Salman is Investing More and More in the Video Games Industry. For example, it has shares in Nintendo and Take-Two.