Electronic Arts Stock Surges on $50 Billion Go-Private Deal

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Source: Investor's Business Daily
Electronic Arts Stock Surges on $50 Billion Go-Private Deal
Photo: Investor's Business Daily
TL;DR Summary

Electronic Arts stock surged nearly 15% after reports that a group of investors, including Silver Lake, Saudi Arabia's Public Investment Fund, and Jared Kushner's Affinity Partners, are close to a $50 billion deal to take the company private, potentially the largest leveraged buyout ever.

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