EA Sale Raises National Security Concerns in the U.S.
Senators Blumenthal and Warren express concerns about the potential national security risks associated with Electronic Arts being acquired by an investor group, particularly due to the involvement of Saudi Arabia's Public Investment Fund.
Bruno Pferd · 2 min read
U.S. Senators Raise National Security Concerns over EA's Potential Acquisition by Saudi-led Group
U.S. Senators Richard Blumenthal and Elizabeth Warren have expressed concerns regarding a potential acquisition of Electronic Arts (EA) by an investor group that includes Saudi Arabia's Public Investment Fund (PIF). They sent letters to the U.S. Treasury Secretary and EA CEO Andrew Wilson, warning about the national security issues this proposed $5.5 billion deal might raise. If the acquisition proceeds, EA would become a private company instead of remaining publicly traded. The investor group comprises Saudi Arabia's PIF, U.S. fund Silver Lake, and Jared Kushner's investment firm. (Kushner is the grandson of former President Donald Trump). The deal also involves a $2 billion loan.
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