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EA is officially going private in $55 billion deal

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A recent report has been proven correct, and publisher Electronic Arts (EA) is indeed going private.

The $55 billion deal the Monday press release boasts that it’s the largest all-cash leveraged buyout ever is being backed by three major investors, with American private equity firm Silver Lake joining American investment firm Affinity Partners, as well as Saudi Arabian investment firm PIF, in funding the venture.

Altogether, the three firms are committing $36 billion, in addition to the PIF’s…

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