EA Sports Sold

Video 641 Electronic Arts, maker of video games like “Madden NFL," “Battlefield,” and “The Sims,” is being acquired for $55 billion, the biggest leveraged buyout attempt in history.
Under the terms of the deal announced Monday, the private equity firm Silver Lake Partners, Saudi Arabia's sovereign wealth fund PIF and Affinity Partners will pay EA’s stockholders $210 per share. Affinity Partners is a private equity firm run by President Donald Trump’s son-in-law, Jared Kushner.
Electronic Arts would be taken private.
If the transaction closes as anticipated, it will end EA’s 36-year history as a publicly traded company that began with its shares ending its first day of trading at a split-adjusted 52 cents.
Silver Lake has also previously bought out two other well-known technology companies, the now-defunct video calling service Skype in a $1.9 billion deal completed in 2009, and a $24.9 billion buyout of personal computer maker Dell in 2013
After jettisoning about 5% of its workforce in 2024, EA ended March with 14,500 employees and then laid off several hundred people in May.
Story by MICHAEL LIEDTKE
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