Electronic Arts, Saudi Arabia
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Jared Kushner, Saudi Arabia, more backers to buy EA in $55B deal. What this means for gamers.
President Donald Trump's son-in-law Jared Kushner and the Saudi Arabian sovereign wealth fund, are backing the $55 billion deal.
Electronic Arts confirmed Monday that the company was being acquired by private investors, including Saudi Arabia's Public Investment Fund, private equity fund Silver Lake, and Affinity Partners, the investment firm founded by Jared Kushner,
Complex I Music, Sneakers, Pop Culture, News on MSN
Electronic Arts to Sell for $55 Billion in Deal Involving Donald Trump's Son-in-Law
On Monday, an additional Saudi-related Trump deal became public: a $1 billion Trump Plaza project in Jeddah from real estate developer Dar Global, the same company that previously launched a Jeddah Trump Tower. Jared Kushner expressed excitement about the Electronic Arts deal in a statement.
EarlyGame on MSN
Record Deal: Electronic Arts Sold To Trump's Son-In-Law And Investors From Saudi Arabia For $55 Billion
Electronic Arts (EA), one of the world's largest video game manufacturers, is being sold. As announced on Monday, a consortium of investors is taking over the company – including Jared Kushner's (Trump's son-in-law) investment company Affinity Partners,
The Electronic Arts deal, the largest ever leveraged buyout, is backed by Saudi Arabia, Silver Lake and Jared Kushner's Affinity
Videogame developer Electronic Arts has agreed to sell itself to a group of private investors in a deal that values the maker of "Battlefield" and "Madden NFL" at $55 billion, which if completed would be the largest leveraged buyout in history.
The video game company Electronic Arts is nearing a $50 billion sale to a group of investors including Silver Lake and Saudi Arabia’s Public Investment Fund, according to a report from The Wall Street Journal.