Electronic Arts Goes Private as $55 Billion Buyout Closes

Electronic Arts (EA), a major video game publisher, has officially gone private following a $55 billion buyout by a consortium led by Saudi Arabia's Public Investment Fund. This transaction, which also includes private equity firm Silver Lake and Jared Kushner's Affinity Partners, marks the largest leveraged buyout in history and will reshape EA's corporate identity and strategic direction, particularly impacting its esports infrastructure. EA stockholders received $210 per share in cash.