Electronic Arts Set to Finalize $55 Billion USD Go-Private Acquisition

Electronic Arts Set to Finalize $55 Billion USD Go-Private Acquisition

SummaryElectronic Arts has confirmed that all regulatory approvals for its $55 billion merger have been securedThe record-breaking buyout is led by Saudi Arabia’s Public Investment Fund, Silver Lake, and Affinity PartnersUpon closing on August 4, EA will delist from Nasdaq while retaining Andrew Wilson as CEO and remaining in Redwood CityElectronic Arts is set to officially close its record-breaking $55 billion USD go-private deal after securing all necessary regulatory approvals. The video game...

Original Source

Read the full article at Hypebeast →

KhanList aggregates and links to publicly available news content. We do not host full articles from third-party sources. Always verify important information with original sources.