FinanceEurogamerabout 2 hours ago
EA $55bn Saudi Buyout Clears Final Hurdle
1 min read
Electronic Arts secured all regulatory approvals for its $55bn private acquisition, expected to close August 4th. The leveraged buyout involves Saudi Arabia's Public Investment Fund, Affinity Partners, and Silver Lake. Completion remains subject to customary closing conditions. EA CEO Andrew Wilson received roughly $38m in bonuses and stock last year.
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