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Trump’s Son-in-Law and Saudis Take Video Game Giant Private in $55B Deal
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Video games titan Electronic Arts is being bought by a consortium involving President Donald Trump’s son-in-law and the Saudi Public Investment Fund.
The investment fund is completing the $55 billion buyout alongside Silver Lake and Affinity Partners of which Jared Kushner, the husband of Ivanka Trump, is the CEO.
“As someone who grew up playing their games—and now enjoys them with his kids—I couldn’t be more excited about what’s ahead,” Kushner said.
Affinity Partners was founded by Kushner in 2021, the year Trump left office after his first term, following his tenure as an adviser to him since 2017.
CNN reports that, pending regulatory confirmation, the deal is expected to be completed in the first quarter of 2027.