https://www.bbc.co.uk/news/articles/cjejyl34345o>The sale of gaming giant Electronic Arts (EA) for $55bn (£41bn) to a group of buyers including Saudi Arabia's Public Investment Fund (PIF) has been finalised.>The American company is known for making and publishing best-selling games such as EA FC, formerly known as Fifa, The Sims and Mass Effect.>The investors, who include Affinity Partners - led by President Donald Trump's son-in-law, Jared Kushner - are taking EA private, meaning all of its public shares will be purchased and it will no longer be traded on a stock exchange.>It is thought to be the largest leveraged buyout in history, meaning a significant part of it is paid for with borrowed money, which the company will have to pay back.>This is because as well as the $36bn it has already put into the deal, PIF needs to borrow $20bn from investment bankers JPMorgan to close it, with the business taking on the debt.Good riddance.
>>744720889How are they going to make there money back EA doesn't make anything worth a damn.
>Get forcibly bought out by Saudi fucks and Jared of Arabia>Have to pay back YOUR OWN MULTI-BILLION DOLLAR PURCHASEThis is actually fucking retarded, why is this legal? Fucking Arabs.
We did it Nintenbros!
hope they'll remove women from FIFA
>>744720889jared is such a ginormous fuck up that all the good shit will be auctioned off
>>744721356>EA>good shit
>>744720889>Already in debtCRANK UP THE AI MACHINE AND GET THOSE MICROTRANSACTIONS RUNNING, WE GOT MONEY TO MAKE, FOLKS!
How are leveraged buyouts legal?>Have 1 million dollars>Borrow 999 million>Buy a billion dollar company>Give the 999 million dollar debt to it>It's the company that has to pay it off, not me :)
>>744722973Because Daddy Trump lets Jared get away with anything he wants.
>trump invented leveraged buyouts
>>744722973You must be a communist.
