Electronic Arts will be acquired for $55 billion by a consortium led by Jared Kushner's Affinity Partners. The private equity firm joined forces with Saudi Arabia's Public Investment Fund and Silver Lake Partners to complete the largest technology buyout in history. EA shareholders will receive $210 per share under the terms announced on Monday, following a rise in stock prices on Friday when the reports first emerged.
Kushner founded Affinity Partners in 2021 after serving as senior advisor to former President Donald Trump. The transaction requires regulatory approval due to Saudi Arabian investment, but analysts expect clearance, given the recent business ties between the Trump family and Saudi leadership. EA produces popular video game franchises, including Madden NFL and The Sims. The deal is expected to close in early 2027.
Kushner founded Affinity Partners in 2021 after serving as senior advisor to former President Donald Trump. The transaction requires regulatory approval due to Saudi Arabian investment, but analysts expect clearance, given the recent business ties between the Trump family and Saudi leadership. EA produces popular video game franchises, including Madden NFL and The Sims. The deal is expected to close in early 2027.
