Overview
- Democratic senators Richard Blumenthal and Elizabeth Warren sent letters to Treasury Secretary and CFIUS chair Scott Bessent and to EA CEO Andrew Wilson urging a national security review of the proposed acquisition.
- The letters warn that majority control by Saudi Arabia’s Public Investment Fund could enable surveillance of Americans, covert propaganda, censorship, and influence over EA’s product design and narratives.
- The senators also question Jared Kushner’s role via Affinity Partners, citing a $1 billion termination fee and the deal’s large premium as raising concerns about securing federal approval.
- EA’s board-approved, all-cash transaction would take the company private at about $55 billion, with PIF, Silver Lake, and Affinity Partners acquiring 100% of EA, pending shareholder and regulatory approvals and an expected closing in fiscal Q1 2027.
- Unionized game workers and the CWA issued a statement and petition urging regulators to scrutinize the buyout, arguing job cuts would be discretionary and warning of reduced transparency under private ownership.