EA’s $55 Billion Sale Could Help Company Take Riskier Bets, But Not Soon, Expert Says
via polygon.com
Short excerpt below. Read at the original source.
EA is in the process of selling itself to an investor consortium led by Saudi Arabia’s Public Investment Fund to the tune of $55 billion. Should the sale go through, it would likely result in cutbacks, possible layoffs, and EA selling “non-essential assets,” according to DFC Intelligence. There could be upsides, too, DFC Intelligence president […]