Video game publisher Electronic Arts has agreed to be taken private in a $50 billion (£39.5 billion) deal involving private equity firm Silver Lake, Jared Kushner's Affinity Partners, and Saudi Arabia's Public Investment Fund.
As reported first by The Wall Street Journal, the deal, one of the largest leveraged buyouts in history, could be announced as early as Monday if no last-minute obstacles arise. EA, known for popular franchises including EA Sports FC, Madden NFL, and Battlefield, has approximately 700 million user accounts worldwide.
