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.
What You Need To Know
Electronic Arts, the video game maker of "Madden NFL," "The Sims," and other popular titles, is being acquired and taken private for $55 billion
It's the most expensive attempt to take a public company private
Under the terms of the deal announced Monday, the private equity firm Silver Lake Partners, PIF and Affinity Partners will pay EA's stockholders $210 per share
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 eq