Group Led by Saudi Arabia Completes $55 Billion Acquisition of Gaming Giant EA

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Group Led by Saudi Arabia Completes $55 Billion Acquisition of Gaming Giant EA
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A consortium led by Saudi Arabia's Public Investment Fund has finalized a $55 billion takeover of video game giant EA, with financing support from Silver Lake and Jared Kushner's Affinity Partners. The terms of the deal, including $20 billion borrowed from JPMorgan, make it the largest leveraged buyout on record.

The post Group Led by Saudi Arabia Completes $55 Billion Acquisition of Gaming Giant EA appeared first on Breitbart.

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