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Electronic Arts Is Going Private in a $55 Billion Jared Kushner–Saudi Takeover

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In a somewhat surprising team up, Jared Kushner and Saudi Arabia’s sovereign wealth fund are joining together to buy video game giant Electronic Arts for a staggering $55 billion.

EA announced today that it has agreed to be taken private by a group of investors that includes Kushner’s private-equity firm Affinity Partners, Saudi Arabia’s Public Investment Fund (PIF), and investment firm Silver Lake. The group plans to pay stockholders $210 a share in cash.

The deal comes as the gaming…

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