It’s official: EA is selling to private equity in $55 billion deal
Text settings Story text Size Small Standard Large Width * Standard Wide Links Standard Orange * Subscribers only Learn more Minimize to nav Friday’s reports that Electronic Arts planned to go private were publicly confirmed Monday morning. Silver Lake, Saudi Arabia’s Public Investment Fund (PIF), and Jared Kushner’s Affinity Partners will join together to pay an estimated $55 billion for the video game mega-publisher in a deal being described as the “largest all-cash sponsor take-private investment in history.” EA stockholders will receive $210 per share in the deal, a 25 percent premium on the $168.32 price for a share at the close of business last Thursday (and well above the stock’s $179 all-time-high share price). Share in EA closed…
