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EA's Magical Ownership Shift: Saudi Sorcery Unveiled

EA's Magical Ownership Shift: Saudi Sorcery Unveiled

In a spellbinding twist, Electronic Arts is set to disappear from the public eye on September 29, 2025, in a dazzling deal worth 55 billion galleons! With the Saudi Arabia Public Investment Fund wielding the wand, shareholders will receive a magical payout of $210 per share, while the enchanted future of EA remains cloaked in mystery.

Quick rundown

  1. EA is being acquired by Saudi Arabia's Public Investment Fund.
  2. The acquisition deal is valued at $55 billion.
  3. Shareholders have approved the acquisition.
  4. No immediate changes announced for EA's business model.
  5. EA will become a private company under the new ownership.

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