GamingMobileSyrupabout 2 hours ago
EA Deal Closes, Saudi-Led Ownership Finalized
1 min read
Saudi Arabia's US$55 billion acquisition of Electronic Arts closed, making EA privately owned by the PIF, Silver Lake, and Affinity Partners. The deal, announced in September, is the second-largest gaming acquisition after Microsoft's US$69 billion Activision Blizzard buyout. EA now carries billions in debt, likely prompting cost cuts and layoffs.
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