Tech

Battlefield Maker Electronic Arts to Go Private in Record $55 Billion Leveraged Buyout

by aweeincm1

EA’s deal would be the largest leveraged buyout on record, eclipsing TXU Energy’s 2007 takeover and other landmark transactions of that decade, including Toys “R” Us and Hertz, and comes amid a rebound in global dealmaking as easing borrowing costs revive appetite for mega-transactions.

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Rupee falls 6 paise to close at 88.71 against U.S. dollar

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