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William D'Angelo
published 4 hours ago / 598 views
Electronic Arts (EA) shareholders have approved the sale of the company to a consortium of investors for $55 billion, Game File reporter Stephen Totilo reported. social media.
The deal still needs government regulatory approval and, if approved, is expected to close in the first quarter of 2027.
The consortium of investors includes Saudi Arabia's Public Investment Fund (PIF), Silver Lake and Affinity Partners, which was founded and led by Donald Trump's son-in-law Jared Kushner.
A report A report published earlier this month showed that Saudi Arabia's PIF will own 93.4 percent of EA's shares, Silver Lake will own 5.5 percent of the shares and Affinity Partners will own the remaining 1.1 percent.
Saudi Arabia's PIF would have to spend approximately $29 billion to obtain a 93.4 percent stake.
Eternal and avid gamer, William D'Angelo was first introduced by VGChartz in 2007. After several years of supporting the site, he was hired as a junior analyst in 2010, worked his way up to lead analyst in 2012, and took over equipment evaluation in 2017. He expanded his involvement in the gaming community by creating content himself. YouTube channel And Twitch channel. You can subscribe to the author on bluesky.
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