leveraged buyout

Affinity Partners last week closed a $55 billion deal with private-equity firm Silver Lake and the Saudi Public Investment Fund to take over videogame maker Electronic Arts, the largest leveraged buyout of all time.

Electronic Arts EA -0.00%increase; green up pointing triangle is saying ”game over” to Wall Street in the largest leveraged buyout of all time.

Videogame maker Electronic Arts is in advanced talks to go private in a roughly $50 billion deal that would likely be the largest leveraged buyout of all time, according to people familiar with the matter.

The Ineos owner acknowledges the Glazers, who took control of United courtesy of a leveraged buyout in 2005, get "a bad rap".

It is understood to be the largest leveraged buyout in history - where a significant amount of the purchase is financed by borrowing money.