๐ฎ Electronic Arts Is Now Privately Owned โ Saudi Arabia's PIF Closes Record $55B Buyout
EA officially delisted from Nasdaq on August 4 after a Saudi Arabia Public Investment Fund-led consortium completed its $55 billion acquisition โ reportedly the largest leveraged buyout in history. Shareholders received $210 per share in cash. CEO Andrew Wilson stays on and HQ remains in Redwood City. Gaming franchises like FIFA and Madden are now a sovereign wealth fund asset โ what does that mean for the future of EA's games?
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