Now the sports playbook is being repeated in increasingly visible ways, from the current Riyadh Comedy Festival to the EA acquisition. This last deal is the latest in an ongoing campaign for Saudi ...
EA Games agrees to a $55 billion acquisition by Saudi Arabia’s PIF, Silver Lake, and Jared Kushner’s Affinity Partners.
Video game maker Electronic Arts is going private in a $55 billion deal that’s funded by Saudi Arabia and a Jared Kushner-backed investment firm. The company, which makes hits like “Madden NFL,” “The ...
On Monday, it was revealed that Donald Trump's son-in-law's company is among those closing a deal to acquire Electronic Arts, better known as EA.
This week’s take-private of EA further cements a financial axis between the US president’s orbit and Washington’s most powerful ally in the Arab world.
Jared Kushner has found a role in the $55 billion Electronic Arts megadeal. His involvement could ease its passage through Washington. Jared Kushner, shown here at the Future Investment Initiative ...
On Monday, an additional Saudi-related Trump deal became public: a $1 billion Trump Plaza project in Jeddah from real estate developer Dar Global, the same company that previously launched a Jeddah ...
Saudi PIF and Silver Lake lead a $55B buyout of EA with Kushner’s Affinity Partners joining; deal marks record gaming takeover.
EA bought for $55 billion by Silver Lake with backing from Saudi Arabia’s PIF. Deal gives PIF control in one of gaming sector’s biggest takeovers. Electronic Arts, the studio behind “Battlefield,” ...
The fight between California and Washington over who should regulate artificial intelligence is heating up. Startups are caught in the crosshairs.
NEW YORK (AP) — In what could become the largest-ever buyout funded by private equity, video game maker Electronic Arts has agreed to be acquired in a deal valued at $55 billion.
In a jaw-dropping move that’s shaking up both the gaming and financial worlds, Electronic Arts, most commonly known as EA, has been sold for $55 billion. Leading the charge is Donald Trump’s ...