If the transaction closes as anticipated, it will end EA’s 36-year history as a publicly traded company, in the largest leveraged buyout in history.
WASHINGTON — Electronic Arts, maker of video games like “Madden NFL,” “Battlefield,” and “The Sims,” is being acquired for $55 billion, the biggest leveraged buyout attempt in history.
Under the terms of the deal announced Monday, the private equity firm Silver Lake Partners, Saudi Arabia’s sovereign wealth fund PIF and Affinity Partners will pay EA’s stockholders $210 per share. Affinity Partners is a private equity firm run by President Donald Trump’s son-in-law, Jared Kushner.
Electronic Arts would be taken private.
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