Saudi Arabia’s sovereign wealth fund, working with Jared Kushner’s Affinity Partners, completes its $55 billion acquisition of EA Sports. Both outlets report that the transaction results in EA being taken private. EA shares no longer trade, and the company’s stock is delisted from the Nasdaq following deal completion. Under the terms described by the sources, EA stockholders receive $210 in cash per share. After the takeover closes, EA’s shareholders receive the cash consideration, and the company transitions away from public-market listing. The reported deal value is $55 billion, reflecting the acquisition price agreed by the buyer consortium and EA. With the delisting, EA’s equity will cease to be available for trading on Nasdaq, marking the end of its public listing as part of the completed merger or acquisition process. Both sources present the same core terms: the deal amount, the $210 per-share cash payout, and the delisting and cessation of trading.
Saudi fund and Kushner-backed firm complete $55 billion takeover of EA Sports
Saudi Arabia’s sovereign wealth fund, working with Jared Kushner’s Affinity Partners, completes its $55 billion acquisition of EA Sports. Both outlets report that the transaction results in EA being t...
- The takeover of EA Sports/Electronic Arts closes at a reported $55 billion total value.
- EA shareholders receive $210 in cash per share.
- EA stock ceases trading after the deal completion.
- EA’s shares are delisted from Nasdaq.
- The buyers include Saudi Arabia’s sovereign wealth fund and Jared Kushner’s Affinity Partners.
EA stockholders received $210 per share in cash; the company's stock has been delisted from Nasdaq
2 hours agoEA said its stock has ceased trading and will be delisted from the Nasdaq. Its shareholders will receive $210 in cash per share.
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