UPDATE: The deal has been confirmed. PIF, Silver Lake, and Affinity Partners are spending $55 billion to buy EA. The press release is full of the usual business speak about what a great partnership ...

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Saudi Arabia's PIF, Kushner's Affinity Partners, Silver Lake lead buyout Existing EA shareholders to receive $210 per share, 25% premium EA's sports portfolio crucial amid industry downturn, analysts ...

Electronic Arts (EA) is to be taken private under a $55bn (£41bn) buyout - a record sum for such a deal. Under the terms, private equity firm Silver Lake Partners, Saudi Arabia's Public Investment ...

Video game company Electronic Arts (EA), known as the maker of the "The Sims" and "Madden NFL," is being acquired in a $55 billion deal. The California-based company said Monday it had entered into a ...

Bill McColl has 25+ years of experience as a senior producer and writer for TV, radio, and digital media leading teams of anchors, reporters, and editors in creating news broadcasts, covering some of ...

(Reuters) -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 ...

Jared Kushner’s private equity firm and Saudi Arabia’s sovereign wealth fund are some of the investors teaming up to take the video game giant private. By Lauren Hirsch and Matthew Goldstein The video ...

In a somewhat surprising team up, Jared Kushner and Saudi Arabia’s sovereign wealth fund are joining together to buy video game giant Electronic Arts for a staggering $55 billion. EA announced today ...

This is read by an automated voice. Please report any issues or inconsistencies here. Electronic Arts, maker of “Madden NFL” and “The Sims,” will be acquired for $55 billion in the largest leveraged ...

Video game maker Electronic Arts has announced that it has been sold for a staggering $55 billion in what is believed to be the largest leveraged buyout in history. The company said the all-cash sale ...