Electronic Arts to be acquired for $55 billion
Electronic Arts, the video-game maker behind The Sims, agreed to be acquired and taken private in a $55 billion deal valuing the company at $210 per share. The buyout is led by Silver Lake Partners with Saudi Arabia’s Public Investment Fund and Affinity Partners (run by Jared Kushner), has been described as the largest leveraged buyout attempt in history, and EA has about 14,500 employees and recent annual revenues of roughly $7.4–$7.6 billion.
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🔍 Key Facts
- Buyout offer of $210 per share to acquire Electronic Arts, a deal valued at about $55 billion that would take the company private.
- Buyers explicitly identified as Silver Lake Partners, Saudi Arabia’s Public Investment Fund (PIF), and Affinity Partners.
- Affinity Partners is run by Jared Kushner.
- The transaction has been described as the largest leveraged buyout attempt in history.
- Electronic Arts has about 14,500 employees and recent annual revenues of roughly $7.4–$7.6 billion.
📰 Sources (2)
Video game maker Electronic Arts to be acquired and taken private for $55 billion
New information:
- Offer price specified at $210 per share
- Buyers explicitly identified as Silver Lake Partners, Saudi Arabia’s PIF and Affinity Partners (Affinity is run by Jared Kushner)
- Described as the largest leveraged buyout attempt in history
- Company details: EA had about 14,500 employees and recent annual revenues of roughly $7.4–$7.6 billion