Im genuinely confused about something. If EA selling themselves would put them 20 billion in debt, then why would they ever do that? For that matter, why would being bought cause them to go into debt? Thats kind of a death spiral, no?

Let's put on our business hats for a moment to understand what's actually going on here. What you're missing is who is doing the buying and who is doing the selling. The buyer and the seller are not the same people! The company is changing ownership. The old owners are no longer in the picture. It is the new owners who decide the direction, orders. and choices for the company. The sellers here are…