Published on August 17th, 2012 | by Joe Martin0
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”.