Basically, the company had to pay for its own buyout when private equity firms KKL, Vornado, and Bain bought the company for $6.6 billion, mostly with loans.
Because the company then had to pay off those extreme loans, they were forced to sell off their assets and property, which they leased back from the very private equity firms that now owned them.
The same thing happened more recently with Red Lobster and JoAnn Fabrics.
When you think about how much money EA’s main soccer title makes from microtransactions alone, it certainly makes sense to buy them out
Assuming the Saudis buy EA out for 55 billion and earnings don’t change much from now on, they’ll recover the expenses in 9 years.