Electronic Arts, the video game maker, is being acquired and taken private for about $52.5 billion in what could become the largest-ever buyout funded by private-equity firms.
Seems like it could be beneficial. It will be interesting what a company as big as EA going private will mean for what types of games they make. Of course it could just mean layoffs and stripping out the copper wire. But Saudi Arabia is doing this kind of thing more for “soft power” than for pure economic benefit. So I could see them trying to improve EA’s image by focusing on putting out good games rather than profit seeking via nickel-and-diming. But in all likelihood, nothing changes. I think it would definitely help Saudi Arabia’s image if they “saved” Electronic Arts.
I am also in favor of all foreign buyouts of American companies because the US should own less stuff lol. It can also mean less of a hard-line propagandistic American perspective. Although I doubt it will really change anything in a company like EA.
Seems like it could be beneficial. It will be interesting what a company as big as EA going private will mean for what types of games they make. Of course it could just mean layoffs and stripping out the copper wire. But Saudi Arabia is doing this kind of thing more for “soft power” than for pure economic benefit. So I could see them trying to improve EA’s image by focusing on putting out good games rather than profit seeking via nickel-and-diming. But in all likelihood, nothing changes. I think it would definitely help Saudi Arabia’s image if they “saved” Electronic Arts.
I am also in favor of all foreign buyouts of American companies because the US should own less stuff lol. It can also mean less of a hard-line propagandistic American perspective. Although I doubt it will really change anything in a company like EA.