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EA expect their $55 billion sale to Saudi Arabia and private equity firms to close next week, with "all regulatory approvals required" in place

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Submitted ⁨⁨11⁩ ⁨hours⁩ ago⁩ by ⁨GamingBot@lemmy.zip [bot]⁩ to ⁨gaming@lemmy.zip⁩

https://www.rockpapershotgun.com/ea-expect-their-55-billion-sale-to-saudi-arabia-and-private-equity-firms-to-close-next-week-with-all-regulatory-approvals-required-in-place

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Comments

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  • sylver_dragon@lemmy.world ⁨10⁩ ⁨hours⁩ ago

    Hopefully this will hasten the demise of EA and some of the IP they are holding on to will have a chance to escape to a company which cares about making good games.

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    • Quetzalcutlass@lemmy.world ⁨3⁩ ⁨hours⁩ ago

      Last I read the “deal” is saddling EA with $20 billion in debt, so here’s hoping.

      But also, leveraged buyouts are fucking disgusting and should be illegal.

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    • realcaseyrollins@hilariouschaos.com ⁨7⁩ ⁨hours⁩ ago

      It’s literally up to other people to challenge them. I’ve only followed the EA Sports side of things but their reputation has been slowly tanking over the past 10 to 15 years. There’s a reason that they lost the FIFA license a few years back.

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      • osaerisxero@kbin.melroy.org ⁨6⁩ ⁨hours⁩ ago

        And based on recent news, that reason is insufficient bribery and no other reason. If anything, this would help them get it back.

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  • Jaysyn@lemmy.world ⁨8⁩ ⁨hours⁩ ago

    If you think installing Saudi software on your PC is a good idea, you need your head examined.

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  • JangleJack@lemmy.world ⁨9⁩ ⁨hours⁩ ago

    House of Saud y’all. MBS. But like, enjoy yer e-sports.

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