Tag Archives: 55B

EA to Be Sold to Saudi PIF, Silver Lake and Jared Kushner to $55B

EA to Be Sold to Saudi PIF, Silver Lake and Jared Kushner to B

The video game giant Electronic Arts has inked a major $55 billion deal to be taken private, backed by Saudi Arabia’s Public Investment Fund, the Egon Durban-led private equity giant Silver Lake, and Jared Kushner’s Affinity Partners. EA shareholders will receive $210 per share in cash, with the PIF also rolling over its nearly 10 percent stake. The deal is …

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