Sacred Symbols+, Episode 480 | A Leveraged Electronic Arts Buyout, Saudi-Style (Patreon)
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Content
It's me, Colin. Please welcome SS+ regular Rick Hoeg back to the show. For the first time since Microsoft's purchase of Activision, Rick finds himself squarely in his element: Video game M&A. But this new deal has some interesting wrinkles. The target this time around is storied American publisher Electronic Arts, and the buyer is a consortium of financial interests led by none other than Saudi Arabia's sovereign wealth fund. Thus, what makes for a straight-forward leveraged buyout (the largest in history, in fact) quickly gets muddied with cultural, social, and political issues galore. Such is life! Let's get into it.
(Please Note: This is the Sacred+ episode for Saturday, October 4th. We are publishing early because of the notability of the topic, and the heavy interest in it.)
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