Saudis, Silver Lake, Jared Kushner Take EA Private
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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?
Video game powerhouse Electronic Arts is going private in a $55B deal backed by Saudi Arabia’s Public Investment Fund, Silver Lake, and Jared Kushner’s Affinity Partners. CEO Andrew Wilson will remain in charge.
Electronic Arts, the video game company behind hits like Madden NFL and The Sims, has entered into an agreement to be bought for $55 billion. The three buyers are private equity firm Silver Lake Partners (which is also set to co-own TikTok's new U.