Jewish Billionaire Jared Kushner Joins Saudi Arabia In $55 Billion EA Takeover, Ending The Gaming Giant’s 36 Years As A Public Company

Electronic Arts, one of the world’s largest video game companies, has officially been sold in a $55 billion deal led by Saudi Arabia’s Public Investment Fund, together with Jewish investor Jared Kushner’s Affinity Partners and private equity firm Silver Lake. The acquisition ends EA’s 36-year run as a publicly traded company on Wall Street, with shareholders receiving $210 in cash for every share they own.

By Levy Mayer

5 min read

Jewish Billionaire Jared Kushner Joins Saudi Arabia In $55 Billion EA Takeover, Ending The Gaming Giant’s 36 Years As A Public Company

Electronic Arts is best known for some of the world’s biggest video game franchises, including EA Sports FC, Madden NFL, Battlefield, Apex Legends and The Sims. With the deal now complete, the company’s stock has been removed from the Nasdaq, making it one of the largest technology buyouts ever completed.

The acquisition is another major step in Saudi Arabia’s plan to become a global force in sports, entertainment and gaming. The deal is backed by about $20 billion in borrowed money, making it one of the largest leveraged buyouts in history. Analysts say the company will likely focus more on its biggest and most profitable games while reducing investment in riskier new titles.

For Jared Kushner, the transaction marks another high-profile investment through Affinity Partners. By joining one of the biggest buyouts ever completed in the gaming industry, his firm has become part of a landmark deal that takes one of America’s most recognizable video game companies off Wall Street after more than three decades.

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Jewish Billionaire Jared Kushner Joins Saudi Arabia In $55 Billion EA Takeover, Ending The Gaming Giant’s 36 Years As A Public Company

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