EA Rumoured To Be Considering Private Equity Sale
File under ‘R’ for rumour
Electronic Arts is rumoured to be exploring a sale to private equity firms, according to a New York Post report.
Sources close to the publication claim the gaming giant has been approached by a pair of companies – KKR, and Providence Equity Partners, the latter of which is a major shareholder in Bethesda parent ZeniMax.
One NYP source said EA has “made it known they’d do a deal at $20 a share,” but acknowledged that it’s “early days” in terms of any deal.
EA has refused to comment on what it describes as “rumour and speculation”.
About the Author
Joe Martin is the News Contributor at Awesome Games. A multi-media journalist working in the national press by day and avid gamer by night, Joe has spent the last few years sounding off about gaming and the games industry to anyone who'll listen.
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