That’s true, although very oversimplified. The slightly less simplified version is that the Jared Kushner’s private equidy firm and the Saudis took a huge loan to buy EA then loaded the company with that debt. EA will be forced to sell a huge chunk of their portfolio and layoff thousands of people. If they survive this somehow they will be a shadow of what once was but more likely they’ll simply vanish soon. This shit should be completely illegal but I would lie if I said I’ll miss EA. A few people at the top getting filthy rich by destroying the company seems like a very fitting end for them.