Wachtell, Kirkland Lead Record $55 Billion Electronic Arts Buyout

Wachtell, Kirkland, Gibson Dunn, Latham, Simpson Thacher and Sidley all had a hand in facilitating the largest leveraged buyout transaction on record.

Several Big Law firms guided Electronic Arts Inc.'s agreement to sell itself to a group of investors including a firm managed by Jared Kushner, President Donald Trump’s son-in-law, and Saudi Arabia’s sovereign wealth fund. The transaction values the video game company at about $55 billion.

The consortium of investors includes Saudi Arabia’s Public Investment Fund, Silver Lake Management and Kushner’s Affinity Partners. The purchase is the latest effort by Saudi Arabia to branch out into entertainment. JPMorgan Chase ...