The Investors Who Took EA Private Are Eyeing Another Gaming Prize: Unity Software - Unity Software (NYSE:U)
Benzinga · Neeraj Jain ·
Unity stock jumps as Silver Lake and Saudi PIF explore a $25B buyout following blowout Q3 earnings and a beat on guidance.
Unity Software Inc. (NYSE:U) stock rose in Friday’s premarket trading after reports emerged that the gaming software company held takeover talks with an investor group that includes Silver Lake Partners and Saudi Arabia’s Public Investment Fund (PIF).
The consortium discussed a potential acquisition valuing Unity at roughly $25 billion, Reuters reported Thursday, citing people familiar with the matter.
The valuation discussions took place before Unity released its strong third-quarter results Thursday.
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