Electronic Arts (EA), a major player in the gaming industry, is set to be acquired in a $55 billion all-cash take-private deal. The buyer group includes Saudi Arabia’s Public Investment Fund (PIF), Silver Lake, and Jared Kushner’s Affinity Partners. This deal marks one of the largest buyout attempts in history and has caused EA’s stock to jump 20%. The acquisition is seen as a strategic move by the PIF to capitalize on EA’s popular franchises and reduce market scrutiny. Shareholders stand to profit from the deal, with the stock currently presenting a merger arbitrage opportunity.

Read more at Barchart: Electronic Arts Is Going Private. Is It Too Late to Buy EA Stock?