Shares of Electronic Arts jumped 15% on Friday following a report that the video game company is nearing a roughly $50 billion deal to go private.
The deal would likely be the largest leverage buyout of all time, according to the Wall Street Journal. Investors including Saudi Arabia’s Public Investment Fund and Silver Lake could announce the deal as soon as next week, the report said.
Electronic Arts, or EA, makes popular video games including The Sims, Madden NFL, the soccer game FC, formerly known as FIFA.
EA did not immediately respond to CNBC’s request for comment.
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