Providence Equity Partners
Report: EA Negotiating Sale to an Equity Firm?
When most people think "EA," they think "challenge everything" or "it's in the game;" but EA might be playing a very different kind of game. There have been a number of rumors floating around about an alleged buyout of Electronic Arts, Inc. The story first appeared this morning in the New York Post, which reported, based on unnamed inside sources, that EA is in the early stages of negotiation with private equity firms KKR and Providence Equity Partners regarding a potential buyout. Could this really be happening? Could EA really be sold to an equity firm? Although nothing is certain as of yet, these rumors are certainly making a splash.Read on...