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Jared Kushner Joins Investors in $55B Deal to Buy Video Game Company Behind “The Sims”, “Madden” and More
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Electronic Arts stockholders are set to receive $210 per share, according to the statement.
“Electronic Arts is an extraordinary company with a world-class management team and a bold vision for the future.
Electronic Arts' Board of Directors has approved the acquisition, which is expected to be finalized in the first quarter of fiscal year 2027.
This moment is a powerful recognition of their remarkable work,” said Andrew Wilson, Chairman & CEO of Electronic Arts.
Saudi Arabia's Public Investment Fund already holds a 9.9% stake in the gaming company, according to the news release.