⟳ Репост от FUPA Troopa
As a reminder, leveraged buyouts are not only a predatory and frankly terrible financial mechanism for a healthy company with positive revenues, but also absolutely designed to make the rich richer and cut those companies to the bone. EA's stockholders got their payout for the privilege.
Jason SchreierEA officially goes private tonight, meaning: - EA will no longer trade on the NASDAQ for the first time in 36 years - All stockholders of EA (including many employees) will receive $210/share - EA will take on $18 billion (!) in debt, putting it on the hook to pay ~$1.8 billion/year in interest