Welcome to Market Catalyst. I'm Julie Hyman. We are 30 minutes into the US trading day.Let's get to the three market catalyst we're watching this hour. First up, a government shutdown looms in Washington. We'll break down the implications for the economy and for investors.Plus, we'll push ahead to the September jobs report due out at the end of the week. and EA strikes a $55 billion deal to go private. We'll discuss that and much more on Market Catalyst.Well, let's first start with the major averages and wh ...

The Wall Street Journal's late Friday afternoon report, detailing the largest leveraged buyout (LBO) ever, which would take Electronic Arts (EA) private by private-equity giants, was confirmed by the video game company on Monday morning.Here is the deal overview for the gaming company that owns EA Sports FC, Madden, and The Sims: Electronic Arts (NASDAQ: EA) entered into a definitive agreement to be acquired by a consortium of Saudi Arabia's PIF, Silver Lake, and Affinity Partners. The transaction values EA ...

, /PRNewswire/ -- The Ademi Firm is investigating EA (Nasdaq: EA) for possible breaches of fiduciary duty and other violations of law in its transaction with a consortium comprising PIF, Silver Lake, and Affinity Partners. Ademi & Fruchter LLP Guri Ademi Toll Free: (866) 264-3995 Fax: (414) 482-8001 SOURCE Ademi LLP WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM? 440k+ Newsrooms & Influencers 9k+ Digital Media Outlets Click here to learn how to join our investigation and obtain additional informatio ...

Jaque Silva / NurPhoto / Getty Images Electronic Arts shares jumped as the video game maker agreed to be taken private. Key Takeaways Major U.S. equities indexes climbed in recent trading as tech stocks gained. Electronic Arts agreed to go private in a $55 billion deal with a consortium of investors, sending shares higher. Shares of oil companies lost ground as OPEC+ announced plans to increase oil output. Major U.S. equities climbed in recent trading, with tech stocks helping lift the Dow, S&P 50 ...

Video games just made Wall Street history. Electronic Arts, the maker of Madden, The Sims, EFC, and Battlefield is going private in a $55 billion deal that's set to be the biggest leveraged buyout ever. Here's what's happening.Saudi Arabia's sovereign wealth fund, private equity giant Silverlake, and Jared Kushner's fund, Affinity Partners, are paying $210 per share in cash. EA shareholders get bought out, and the company won't trade on the NASDAQ anymore. Why does this matter to Main Street.For one, it sho ...

Video game maker Electronic Arts announcing a $55 billion deal to go private in what is set to be the largest leverage buyout deal in Wall Street history led by the sovereign wealth fund of Saudi Arabia. Steve Kobach has more in today's tech check. Steve.Yeah, this is a big one because I really wanted to look Sarah into the Saudi public investment fund and all the money it's been spending on gaming as it's been pushing over the years to build a video game juggernaut. It's encompassing everything from the ho ...

Rudy Salgado/iStock Editorial via Getty Images Listen below or on the go on Apple Podcasts and Spotify Trump says he’ll impose 100% tariffs on movies made outside U.S. (0:15) EA officially goes private in biggest LBO ever. (1:09) SEC fast-tracking end of quarterly earnings. (2:16) This is an abridged transcript of the podcast: Our top story so far, in a case of border wall at the box office, President Donald Trump says he is imposing 100% tariffs on all movies “made outside of the United States.” He ...

The videogame company is going private in a $55 billion deal, as it finally has a potential hit combat game on its hands. ...

Electronic Arts (EA) is to be taken private under a $55bn (£41bn) buyout - a record sum for such a deal.Under the terms, private equity firm Silver Lake Partners, Saudi Arabia's Public Investment Fund (PIF) and Affinity Partners will pay the video game maker's shareholders $210 per share. The sum represents a premium of 25% on EA's closing share price last Thursday, before the Wall Street Journal first reported that an announcement was close.Money latest: Tax rumour hits one area of housing market Subscrib ...

Video-game maker Electronic Arts said Monday it is going private in an all-cash deal worth $55 billion that will pay shareholders $210 a share – the largest leveraged buyout in Wall Street history.The company – known for games like The Sims, the Madden series of NFL games and FIFA – has agreed to be acquired by Public Investment Fund of Saudi Arabia, private-equity firm Silver Lake and Affinity Partners, which is led by Jared Kushner, President Trump’s son-in-law.Shares in EA jumped 4.9% Monday. The stock j ...