Electronic Arts to be bought in largest-ever private equity buyout valued at $55 billion

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Electronic Arts is being acquired for $55 billion by an investor group, including Saudi Arabia's sovereign wealth fund and Jared Kushner's firm, marking the largest private equity buyout in history. Stockholders will receive $210 per share. This move takes EA private, allowing it to retool operations and pursue long-term growth, pending regulatory and shareholder approvals.