Jared Kushner, Electronic Arts
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The $55 billion deal would make EA private, with Saudi Arabia’s PIF and Kushner-backed firms taking control amid gaming and political controversy.
Video game firm Electronic Arts is set to be acquired for about $55 billion in an agreement involving Saudi Arabia's Public Investment Fund, a private equity group and an investment firm founded by Jared Kushner,
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Silver Lake Partners, Saudi Arabia’s sovereign wealth fund PIF, and Affinity Partners will pay EA’s stockholders $210 per share. Affinity Partners is run by President Donald Trump ’s son-in-law, Jared Kushner.
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Trump’s son-in-law Kushner only did smallish deals. Now he’s part of the biggest buyout ever.
Jared Kushner has found a role in the $55 billion Electronic Arts megadeal. His involvement could ease its passage through Washington.
Durban, 52 years old, was part of a new generation of leaders at Silver Lake who took the helm in 2011. He and Greg Mondre assumed the title of co-CEOs in 2019, with Durban working out of the firm’s Menlo Park, Calif., office and Mondre based in New York.