Video games titan Electronic Arts is being bought by a consortium involving President Donald Trump’s son-in-law and the Saudi Public Investment Fund. The investment fund is completing the $55 billion buyout alongside Silver Lake and Affinity Partners of which Jared Kushner, the husband of Ivanka Trump, is the CEO. The leveraged privatization of the studio will be the largest in history, with shareholders expected to see $210 per share. According to The Wall Street Journal, the purchase comes at a 25 percent premium over Friday’s closing market price. The powerhouse firm was founded in 1982 and is behind smash hit titles including Madden, EAFC (previously FIFA), Sims, and Battlefield. “As someone who grew up playing their games—and now enjoys them with his kids—I couldn’t be more exc
Jared Kushner and Saudis Take Video Game Giant Electronic Arts Private in $55B Deal

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