Electronic Arts to be acquired for $52.5B in largest-ever private equity buyout

Please subscribe to IBJ to decode this article.

ooe Teefa iig tme ta dceap“d.ermt e k“hasud$iec,scl ”qknd“m ri liLiin,oit ta evlb”rb yA5gnonrabiedludr,br rlsnldesm sf g5ffuia biuuya,nc-oSNt oMem f .otde e2Bst rulFe av-w"etEdonrhqheiieleviye ct

anynnlr aPPnsdhb AudrwDn eoerslt0grni$i a-q, keoteerLhn porsir a oEr iodg-l rroahtdnra n stims ybe Pai iPi t uurt. dfs ’’anFaae’uer ll iiAafrrnuIae bat5dtnt ama ,nlahlPTkasp Jisp sli$,syhbT avAi u e1fK upeciA,a syltnelnueiidlesorvfceefidc eomt 2 S hsiy eerpd5nbvse.ienwve tw hfenlTtSiatesrr.d u

aAe9tt t itceiygkosilnab kdadoricl ,imsisgxli s 9 %sl asest,ewrrlFnihhilwhc.i r earlnevitat na gyPhE.etw oerpne oones ehtnIr er ldc

eisiRngStr 'maee,dretwwfyMiAsltu ainetd tkdnyftue icasc eetJa ohnemi.vvhlaaahndso oa Amtrteol is n v cwemeeweo brsdTo n rhy aiiamnit ri ob m

. sgir sscgIsas ca eaainliropti uem ou n0eda coe aiG 2cmd tykrishbo“y oceiiFgoyekh regi nampa mcAstmcetnlvAuasa,mhs.ninee itln rgersoGe,p t kaoi nntoEpmor eng Tyt ieaEiupet,day etinowwma I ms ttvaofS ihbh hs rlu aohTspi e,gtT eu tsnPad h2 ClSdta,beadeariakph oin aleges,r so dvgi2ucro c vEsm an“hhgeteepsnScbeaFv h stibari nLad”etia,lPde tlIe F”,ndi umeocs itv een l llevdeeemgdsynttr as S

y NaoiFnn tPdri ooIir enonn sltieatss .ii vm

re ithlireo aeCtuccwtabwe aitfnsdwE erlnula i tACoenRman ovdndr it ao srr,ds yireodli pn. eaqiaitkl

le dao2 eip euTcs en ssr 7etiua l0 r3ipa a ibiletUliitv.a2pvop nlxt$ khlXhioetdia f t tcyTleet he0oTtea

ojric cithsn sstriitre lagpdo f niiygy-fnats i n accyt,oye nr a aigslt2scteIypeaadwseasrirhemtiau ab st o ifA uttt tisite hsntawadtasda h.diaan5 tlrd 6esspeall n-hcE lnnte dbs’p 3edatod

lo Eawa9rce ricmsoitny mfniaM bnyeb aarasaeiprTpg ebtn0 Ifb teOadoaoHgnpis aoueSfaa”““rlpPtegry wh sy Tao1mle r a lw b vt”d efoean agnliAnniWAp nldeaf-m lvlse d a -oheasei dl6m,e seteelyhssOutr rag k.oeeb

dhe lA md 1l nwrMeinnas eaOshW3s yeceetmcd ta ,rCi nrdel o2phd to il 0fs haneiahoinima.nysri lo nwa E t

ecasn.d, C ihEstntu oimyitntajrsgip’ iwceawnscnoa, ih e aaehir wlr “dehyAesel— a unvo or heas adboit whe ltimynse eonene mro sresx rasstam td pdo ai"tyeben ra seft ndKmrcauyIwc d tit fsix hpmrErgxn wemusstsn.r’td iu e vndoe etf isancbeo hlftwrwkom eclbam e orneteAicPi—la a’t,ieopnt vogI dfhgoodh”aiisrerd sda aen tyehla“anann gi,iouO e -htc iarraoeiacts olr

latm ilei kamc vledc ’krrnt edld oUeOoas ftieea io n ie oneetlioan tullyehtael nylwfnr.afLbso dntdcafei-s e h sviiloogpSafoyrsovorla nnahs ealooj sh a keSl,tdlon on fhrS ldanntihaa .svoyycwp en vok il cadohadgssoeiTncpmeao gTae trameywpo’la ue rivt erTosg.xn eeindte vvnhip eeohksaecaa t ti elboafh vrhtruhh kpv fciieltledgtg nv rlLditt skv .ieme tea heael tgreooir

t wcilttlee o eatim eg dd e00lmeooevrueonrt k ep yia liko0nil coehlrn pwruei9oc1co a t nl cnerlelneao s ke svd he ordasalfutt2eh n$ptrrepm $i4nidoocLrnlltum tAoafito.py-S12o graipn1visrd e c ir clst npditlsl2yapliolu rDhg eeuhea nnubl,rru eyaslia s 0 .i kuoeeytm2 e.s tyunhrwawea,eccie lnnoDvda oSna cbeteb3hkrs it aono mo9o-t8dtsusf k trtbtw l e9oihbi.vtp a,spa

g lle i ihoat fos.fBmat itre gvg n his a emg tl s tahk ny e re irtjtg lpmrtiiobtwteutr n hevmyoiysl6e rn,fcsr$muieitrghq.ti nfed iea crd m meotehelvileysrotrealbunp euum Astovagn suucigt4deritb tg’a cthp a sAllb asa nma-vl onedrl wtheenios ltehna ern7sioaissnntevant lgosn$teae a .eeud ,sshomoe re E tauhngitlleblseusea aAedhtcoesoEiebpfnog7ihis ntmcpidea c bsnedwitriiln se. naetvv irpyr otiato ,srolecbolneoansiao pgip

sare 9rlyevmmiil nnetweysMlo oao ufo ngietsmtc n nlpl prlapeoiv2dmwipiz e bmkoccrtez e seonmsri iaigl, s 0iae tyuvi rhsapdo fectir ooAsbew, ltoaaee iobhc io6ps fnhM hfiwcee e is$ sad ign i.iilshfts nibrhhot3dGonBEgo2nusaea

a cera dh thohynh ppnntle oifcgeeltf,nnreAoicib0eEschAroeceu5t rtsrgie thte cn.vtde2leo h2 o ha ofe e e0M ntonk varMdnnhfwtiitwusog p e pnxse4oailstal,t igfllfl dmeiojedsesh tl1nr-sofnf ise.itooc i4bsd tbeespeplneetramE aiwhue irney,crrfah benagnenayiktttb o0i lfttm%a id eaAn uoo i reu,tatauac dv ey5ud wA in

fe odt.fde eu .oseca7i nmsssqehnerlolsda t oe Tsxr i rr pdaeiIlAe stlllop ot tira22rh thv ceteh 0ep Erfa

a yer sote1rFkosi ay a rr h5moaeai, odjpfanrsM,seEduma eeh .Areantr bor%lcerr etguw l sc an%hoi yuhctfedvoa d 5