Video Game Maker Electronic Arts Bought in Largest-Ever Private Equity Buyout Valued at $55B

Video game giant Electronic Arts officially has new owners.

The California-based maker of popular titles like “Battlefield” and “The Sims” announced Tuesday that it closed the $55 billion sale of its business to Saudi Arabia’s sovereign wealth fund PIF, investment firm Silver Lake Partners and Affinity Partners, which is run by U.S. President Donald Trump’s son-in-law Jared Kushner.

Read more at AP News