Esports
Potter HeadEA'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.
few days ago | Harshit Singh
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.
