Video game giant Electronic Arts closes $55 billion go-private sale of its business

Electronic Arts (EA) completed a $55 billion go-private sale to Saudi Arabia’s PIF, Silver Lake Partners, and Affinity Partners. The deal, the largest private equity buyout, includes investments in AI-driven game development but raises concerns over debt-driven cost-cutting and potential data misuse. Critics highlight risks tied to Saudi Arabia’s involvement and Affinity Partners' ties to Jared Kushner.