We’re sad to share that legendary game developer Tomonobu Itagaki, the creative force behind Ninja Gaiden and Dead or Alive, has passed away at the age of 58. Before his passing, Itagaki left a heartfelt message for his fans: Last WordsThe light of my life is finally fading.The fact that…
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EA. It’s in the (Leveraged) Game – Going Private in $50 Billion Deal
Reports say that the Saudi Public Investment Fund (PIF) and private equity firm Silver Lake may be moving to acquire Electronic Arts for roughly $50 billion, per The Wall Street Journal. If true, this deal would rank among the largest leveraged buyouts in history. A leveraged buyout (LBO) involves taking on…