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Video game industry buyouts

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Electronic Arts Officially Goes Private in $55 Billion Deal, Raising Layoff Fears

After nearly 36 years as a public company, Electronic Arts has completed a $55 billion buyout led by Saudi Arabia's PIF, with Silver Lake and Jared Kushner's Affinity Partners also involved. The deal delists EA from Nasdaq, and reports suggest the $18 billion in debt taken on could lead to significant cost cuts and layoffs.

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