EA May Need to Lay Off Staff in an Attempt to Cover Interest Payments Involving Debts from Its $18 Billion Buyout Deal

[Peter_Brosdahl]

The buyout of Electronic Arts is now complete, and it looks as if some serious decisions are now going to have to be made just to cover interest debt payments. The deal, reportedly said to be worth $18 billion, is said to have incurred a roughly $1.8 billion annual interest payment from EA. As scary […]

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