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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[Grimlakin]

Needs a little context here... EA was purchased by Silver Lake (Saudi investment firm spending current oil money to diversify their investment portfolio's.) and Affinity Partners (Jared Kushner aka trump baby).

They buyout was for some 55 billion in a leveraged buyout to take EA public.

What's going to happen now largely depends on if Silver Lake can sever the Kushner effect or did it correctly and avoid bankrupting/folding EA in the next 5 years.

Because this man is following the lead of someone who managed to bankrupt a CASINO.... A EFFING CASINO?!