EA has today announced that it is going private in a deal worth around $55 billion / £40 billion. Shareholders will receive $210 /£156 per share in cash, a 25% premium. The consortium buying EA includes Saudi Arabia's investment fund PIF, Silver Lake, and Affinity Partners. EA CEO Andrew Wilson will remain in place, and the PIF's existing 9.9% stake will roll over. The news comes less than two weeks before the highly anticipated release of Battlefield 6, which analysts expect to boost EA's fortunes significantly.
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