Electronic Arts is being taken private in a reported $55 billion leveraged buyout involving Jared Kushner and Saudi investors. The transaction would mark a major change for the company behind the Madden video game franchise.
The deal is described as the largest leveraged buyout on record. It would remove Electronic Arts from public markets after 36 years as a publicly traded company.
The agreement places the Madden brand at the center of one of the biggest transactions in the video game industry. Details beyond the reported valuation and the participating investors were not provided in the available summary.
The buyout reflects the growing scale of major deals involving established entertainment and gaming companies, while marking a new private ownership era for Electronic Arts.
