After over three decades of iconic RPGs, developer BioWare is closing down and its in-development Mass Effect game is no more. The move comes just months after corporate… Continue reading
Tag: 55bn
Gaming News
“Mass layoffs” expected at EA, as $55bn buyout by Saudi Arabia’s PIF and Donald Trump’s son-in-law officially goes through
The months-long process of Electronic Art’s acquisition finally came to a close late last night. The company is now privately owned by investment firm Silver Lake, private equity… Continue reading
After over a year of tense debate, Electronic Arts has reported it’s achieved “all regulatory approvals” for the proposed $55bn private acquisition of the company. In an 8K… Continue reading
Gaming News
EU approves Saudi Arabia’s $55bn acquisition of EA, clearing path for largest private leveraged buyout of all time
The European Union has approved the controversial $55bn acquisition of Electronic Arts by Saudi Arabia’s Public Investment Fund (PIF), private equity company Silver Lake, and investment company Affinity… Continue reading
