The deal, which includes Jared Kushner's Affinity Partners, takes EA private and loads the company with $18 billion in debt. Electronic Arts has told debt investors it plans to cut $700 million in annual costs, including $170 million tied to "organizational efficiencies," as the company completes its $55 billion sale to a Saudi-led group. Bloomberg journalist Jason Schreier, citing the company's disclosures, interpreted that phrase bluntly ...
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