Video-game giant EA going private in $55B deal — in biggest leveraged buyout in Wall Street history
Video-game maker Electronic Arts said Monday it is going private in an all-cash deal worth 210 a share – the largest leveraged buyout in Wall Street history.The company – known for games like The Sims, the Madden series of NFL games and FIFA – has agreed to be acquired by Public Investment Fund of Saudi Arabia, private-equity firm Silver Lake and Affinity Partners, which is led by Jared Kushner, President Trump’s son-in-law.Shares in EA jumped 4.9% Monday. The stock j ...