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EA Sold for $55B to Saudi, Kushner Group | Durham News
Electronic Arts just got a $55 billion makeover—sold to a powerhouse coalition including Saudi Arabia’s Public Investment Fund, Silver Lake, and Jared Kushner’s Affinity Partners, making it the largest private equity buyout ever. New owners promise bold innovation, AI-driven game development, and freedom from public market pressures. But critics warn of looming job cuts, massive debt, and ethical risks tied to Saudi involvement—especially as Amnesty International questions the human rights implications. Shareholders pocket $210 per share, and EA’s iconic sports franchises now fall under a…
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