Electronic Arts Stock Jumps 14% on Reports of $50 Billion Deal to Go Private

2 days ago 1

Rommie Analytics

Shares of Electronic Arts jumped over 14% on Friday following a Wall Street Journal report that the video game publisher known for "The Sims," "Battlefield" and "Madden" franchises is nearing a $50 billion deal to be taken private. A group of investors including Silver Lake, Jared Kushner's Affinity Partners and Saudi Arabia's Public Investment Fund could unveil a deal as early as next week, according to the outlet. Two sources familiar with the matter told the Journal that the deal could value EA at as much as $50 billion, though they noted discussions on price are still . . .
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