Electronic Arts to be bought in largest-ever private equity buyout valued at $55 billion

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Electronic Arts, the maker of video games like “Madden NFL,” “Battlefield,” and “The Sims,” is being acquired by an investor group including Saudi Arabia‘s sovereign wealth fund in the largest private equity-funded buyout in history.

The investors, who also include a firm managed by Jared Kushner, President Donald Trump’s son-in-law, and the private equity firm Silver Lake Partners, valued the deal $55 billion.

EA stockholders will receive $210 per share. The deal far exceeds the $32 billion price tag to take Texas utility TXU private in 2007, which…



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Electronic Arts to be bought in largest-ever private equity buyout valued at $55 billion



Electronic Arts, the maker of video games like “Madden NFL,” “Battlefield,” and “The Sims,” is being acquired by an investor group including Saudi Arabia‘s sovereign wealth fund in the largest private equity-funded buyout in history.

The investors, who also include a firm managed by Jared Kushner, President Donald Trump’s son-in-law, and the private equity firm Silver Lake Partners, valued the deal $55 billion.

EA stockholders will receive $210 per share. The deal far exceeds the $32 billion price tag to take Texas utility TXU private in 2007, which…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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