💰 EA Closes $55B Go-private Sale of Its Business
Published by OOPSONLINE.IN · Source: The Manila Times · 1 min read · · Updated
What actually happened
CHICAGO, Illinois — Video game giant Electronic Arts (EA) officially has new owners as the California-based maker of popular titles like “Battlefield” and “The Sims” announced on Tuesday that it closed the $55-billion sale of its business to Saudi Arabia’s Public Investment Fund (PIF), investment firm Silver Lake Partners and Affinity Partners.
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