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[QUOTE="Munyaradzi Mafaro, post: 62333, member: 636"]
Electronic Arts will become a private company under a $55 billion all-cash acquisition by an investor group composed of PIF, Silver Lake, and Affinity Partners. The video game publisher behind Battlefield and other franchises announced the definitive agreement on Monday, with PIF maintaining its current 9.9 percent ownership stake.

The board of directors approved the transaction after reviewing the proposal. Lead Independent Director Luis A. Ubiñas stated the deal provides strong value for shareholders and benefits all parties involved.

Regulatory agencies and EA stockholders must approve the purchase before completion. The company expects to finalize the deal during the first quarter of fiscal year 2027, after which EA shares will no longer trade publicly.

Chairman and CEO Andrew Wilson said the acquisition recognizes the team's achievements and positions the company to expand entertainment opportunities with its new partners.
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