Video game maker Electronic Arts to be taken private in record $55bn mega-deal

Deal with The Sims and Madden NFL maker is biggest leveraged buyout attempt, another key move for Silver Lake

Electronic Arts, maker of video games such as Madden NFL, Battlefield, and The Sims, is being acquired for $55bn, the biggest leveraged buyout attempt in history.

Under the terms of the deal announced on Monday, the private equity firm Silver Lake Partners, Saudi Arabia’s sovereign wealth fund PIF and Affinity Partners will pay EA’s stockholders $210 per share. Affinity Partners is a private equity firm run by Donald Trump’s son-in-law, Jared Kushner.