EA Acquired for $55 Billion in Private Deal
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Video game giant Electronic Arts is being taken private in a massive $55 billion deal. The acquisition is backed by Saudi Arabia's Public Investment Fund, Silver Lake, and Affinity Partners. EA shareholders will receive $210 per share in cash. CEO Andrew Wilson will remain in his role, aiming to further grow the company and innovate in interactive entertainment. The deal is anticipated to conclude in early 2027.
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