Electronic Arts' $55 billion dollar acquisition could mark the biggest leveraged buyout in history and usher in a new phase of public companies being bought up by private equity — leading to more uncertainty for Canada's gaming industry.
Under the terms of a deal announced Monday, a group of three buyers will pay the company's stockholders $210 per share.
The purchasers include private equity firm Silver Lake Partners, Saudi Arabia's sovereign wealth fund PIF and Affinity Partners. Affinity Partners is a private equity firm run by U.S.
Continue Reading on CBC News
This preview shows approximately 15% of the article. Read the full story on the publisher's website to support quality journalism.