Electronic Arts To Go Private In Nearly $50 Billion Deal—Stock Soars
1. EA shares rose 14.45% following potential privatization news. 2. Deal could be the largest leveraged buyout in history. 3. Market cap is approximately $43 billion, valuation could reach $50 billion. 4. EA reported net bookings of $1.298 billion, surpassing estimates. 5. CEO touts the most exciting launch slate in EA's history.