Video game giant EA to be taken in $55B buyout deal

1 week ago

Video game giant Electronic Arts (EA) announced it would be acquired by a consortium led by Saudi Arabia's Public Investment Fund for $55 billion, in what EA said would be the largest all-cash private equity buyout in history. The consortium also includes US investment firms Silver Lake and Affinity Partners, as well as the Miami-based firm founded by Jared Kushner, a