Video game developer Electronic Arts has taken a sweetheart deal to go private.

Private equity firms Silver Lake and Affinity Partners will buy the company alongside Saudi Arabia's Public Investment Fund.

Silver Lake was recently named one of the new owners of TikTok , while Affinity Partners was founded by Jared Kushner, former senior adviser to President Trump and husband of first daughter Ivanka Trump.

'They've been ruining entire franchises.'

EA's shareholders will receive $210 per share in cash, a premium of 25% on the company's closing share price on September 25, Variety reported.

Stocks had dipped to a two-year low in January after massive failures from games Dragon Age: Veilguard and EA FC 25. The company lost $6 billion in market value due to poor sales, much of which

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