$55 Billion deal for Electronic Arts is biggest buyout ever
Video game publisher Electronic Arts announced Monday that it agreed to be taken private in a deal valued at roughly $55 billion by a group of investors that includes a firm managed by President Donald Trump’s son-in-law Jared Kushner and Saudi Arabia’s sovereign wealth fund.
The deal would pay stockholders $210 per share in cash, a 25% premium to the company’s share price before news of the deal leaked.
