Trump’s Son-In-Law Jared Kushner Joins $55 Billion Deal to Buy Electronic Arts

In a jaw-dropping transfer that’s shaking up each the gaming and monetary worlds, Digital Arts, mostly often known as EA, has been bought for $55 billion. Main the cost is Donald Trump’s son-in-law and former senior advisor, Jared Kushner. He additionally serves because the CEO of Affinity Companions, his personal fairness agency, based in 2021.

Kushner’s firm teamed up with Saudi Arabia’s Public Funding Fund and personal fairness big Silver Lake Companions, forming a powerhouse trio to safe the biggest personal equity-backed tech buyout in historical past.

Stockholders of EA, identified for creating iconic franchises like Madden NFL and The Sims, are set to obtain $210 per share, a 25 % premium from final week’s closing worth. Shares started climbing Friday after rumors swirled, and the deal turned official Monday.

With Saudi Arabia concerned, the deal should clear regulatory overview. However given the rising ties between the Trump household and Saudi leaders, together with the $1 billion Trump actual property undertaking introduced this week in Jeddah, many anticipate the inexperienced mild.

In a press release, Kushner praised EA for its “daring imaginative and prescient” and “world-class” management, saying he grew up on EA video games and now enjoys them together with his personal youngsters.

The acquisition is ready to shut in early 2027, signaling a brand new chapter for EA.