Electronic Arts has announced that it has entered into a definitive agreement to be acquired by a consortium of private investors, including Saudi Arabia's sovereign wealth fund (PIF), Silver Lake, and Affinity Partners. The deal is valued at $55 billion, with the consortium acquiring 100% of the company's shares.
EA shareholders will receive $210 per share, a 25% premium to the last unaffected market price of $168 and a premium to the all-time high share price of $179.
EA stated that the deal "will allow the company to accelerate innovation and growth to build the future of entertainment."
Our creative and passionate teams have created unique experiences for hundreds of millions of fans, developed iconic franchises, and delivered significant value to our business. This deal is a powerful recognition of their outstanding work. In the future, we will continue to push the boundaries of entertainment, sports, and technology, unlocking new opportunities. Together with our partners, we will create transformative experiences that will inspire future generations. I am full of energy and enthusiasm about our future.