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Saudi wealth fund and Jared Kushner's Affinity finalize $55 billion EA Sports deal
['Joseph Wilkins']
International: Top News And Analysis
A consortium led by the Public Investment Fund of Saudi Arabia has announced the completion of the $55 billion acquisition of video games maker Electronic Arts .
The deal was also financed by private equity firm Silver Lake and Affinity Partners, which is led by President Donald Trump's son-in-law Jared Kushner.
EA, which confirmed the deal late on Tuesday, said its stock has ceased trading and will be delisted from the Nasdaq.
Analysts have previously highlighted the high level of debt EA is taking on as part of the deal, while questioning the future of its intellectual property.
"The debt hanging over their head isn't likely to create a shift in strategy," Michael Futter, F-Squared founder, told CNBC.