Summary
Electronic Arts is set to go private in a historic $55 billion USD acquisition
The deal is backed by a consortium of investors, including Saudi Arabia, Silver Lake, and Affinity Partners
The move allows EA to make long-term strategic decisions without the pressure of a public company
In a landmark decision that will reshape the gaming industry, Electronic Arts (EA) is set to go private in a historic $55 billion USD acquisition. The deal, one of the largest leveraged buyouts ever, is led by a powerful consortium of investors: private equity firm Silver Lake, Saudi Arabia ‘s sovereign wealth fund PIF, and Affinity Partners, which is led by Jared Kushner. The transaction will end EA’s 36-year history as a publicly traded company.
The buyout will give EA stockholders $210 USD