EA’s Power Play – The Deal That Changed the Game

EA’s Power Play – The Deal That Changed the Game

What do The Sims, FIFA (sorry, EA Sports FC) and Jared Kushner have in common?
Apparently, a $55 billion leveraged buyout.

Yes, you read that correctly. Electronic Arts – the California gaming powerhouse behind some of the world’s most popular digital franchises – is going private in a $55 billion deal. The move knocks 2007’s $45 billion TXU takeover off its long-held perch as the biggest leveraged buyout in history. The buyers are an unlikely trio – private-equity firm Silver Lake, Saudi Arabia’s Public Investment Fund (PIF) and Jared Kushner’s Affinity Partners – proof, if any were needed, that the worlds of finance, politics and gaming are now happy to cosy up together.