John Authers, Columnist

Electronic Arts Buyout Is a Whole New Game

Trump 2.0 may at last start living up to the promised deal boom.

September 30, 2025 at 4:00 AM UTC

John Authers is a senior editor for markets and Bloomberg Opinion columnist. A former chief markets commentator at the Financial Times, he is author of “The Fearful Rise of Markets.”

Total LBO.
Photographer: Emanuele Cremaschi/Getty

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It’s been an intense past 96 hours for Electronic Arts Inc. (EA). On Friday, the company released the latest version of its soccer video game, EA Sports FC 26, formerly EA Sports Fifa. Then on Monday, it announced a deal to go private for $55 billion in the largest leveraged buyout on record.