Electronic Arts Has Been Fully Acquired By Trio Of Investor Groups And Is Now Private
Last September, Electronic Arts announced plans to be acquired by a trio of investor groups, taking the once-publicly traded company private. That acquisition is now complete in a move EA claims will position it to "accelerate creativity and innovation to shape the future of entertainment."In a press release, EA shares that its acquisition by PIF, Silver Lake, and Affinity Partners, collectively known as the “Consortium,” has successfully closed. PIF is the Public Investment Fund of Saudi Arabia (which already had a minor stake in EA for years); Silver Lake is a multi-billion-dollar…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.