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Rumor: Private Equity Firm In Negotiations To Buy EA

 

The New York Post is reporting that KKR and Providence Equity Partners have contacted the publishing giant Electronic Arts about a possible acquisition.

The report cites an anonymous source who says the negotiations are in the "early days." One of the companies involved, Providence Equity Partners, became a major investor in Bethesda Softworks' parent company Zenimax Media in 2007.

When contacted by the New York Post, EA said it "does not comment on rumor or speculation.

Source: New York Post

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