EA Games agrees to a $55 billion acquisition by Saudi Arabia’s PIF, Silver Lake, and Jared Kushner’s Affinity Partners.

President Trump's son-in-law and Saudi Arabia are backing a deal to buy the video game company EA. Can gamers still play? What games does EA make?

The $55 billion deal would make EA private, with Saudi Arabia’s PIF and Kushner-backed firms taking control amid gaming and political controversy.

Electronic Arts (EA) is going private for $55 billion, making this one of the biggest deals in gaming history.

Electronic Arts (EA), the powerhouse behind blockbuster video game franchises like Battlefield, FIFA, and The Sims, has entered into a definitive agreement to be acquired in a monumental $55 billion leveraged buyout,

The deal, which ranks as the largest ever leveraged buyout according to Variety, involves a group of investors including private-equity firm Silver Lake, Saudi Arabia’s Public Investment Fund, and Jared Kushner’s Affinity Partners.

EA stock is surging on news that the video game company is set to be taken private in what will be the largest leveraged buyout ever.