Saudis, Silver Lake, Jared Kushner Take EA Private
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Electronic Arts Inc. (NASDAQ: EA) ("EA" or the "Company"), a global leader in interactive entertainment, today announced that it has entered into a definitive agreement to be acquired by an investor consortium ("the Consortium") comprised of PIF,
EA has confirmed it has agreed to be acquired by an investor group composed of PIF, Silver Lake, and Affinity Partners in a transaction valued at approximately $55 billion. It's the largest all-cash sponsor take-private investment in history.
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President Trump on Thursday signed an executive order setting in motion the sale of TikTok’s US business to a group of American and international investors.