Stock Movers EA Soars on LBO Report; Weed Stocks Rise on Trump Comments; Genmab-Merus Acquistion
Sep 29, 2025
Electronic Arts is making headlines as it enters a record $55 billion leveraged buyout, the largest of its kind. Meanwhile, weed stocks are on the rise after President Trump's promotion of CBD's benefits for seniors. The podcast also highlights Genmab's $8 billion acquisition of cancer drugmaker Merus, which aims to enhance their treatment portfolio. These developments are creating buzz in the market, showcasing the dynamic nature of corporate moves and potential growth in various sectors.
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EA Taken Private In Record LBO
- Electronic Arts agreed to be taken private in a $55 billion LBO led by Silver Lake and others, creating the largest leveraged buyout on record.
- The $210 per share cash offer gives a ~25% premium and frees EA from quarterly public-market pressures to restructure and focus on long-term gaming franchises.
Why Private Buyers Like EA
- Going private will let EA avoid quarterly earnings scrutiny and give private equity room to extract value from steady sports franchises.
- The deal includes $20 billion in debt financing from J.P. Morgan, signaling classic LBO leverage to boost returns.
Personal Note About Battlefield Anticipation
- Tom Keene mentions his son texting him about Battlefield 6, showing personal interest in EA's upcoming titles.
- The aside humanizes the discussion and underscores consumer anticipation around major game releases.