JOURNAL ARTICLE

Electronic Arts Shareholders Approve $55 Billion Sale to Saudis.

  • Published In: Bloomberg.com, 2025. P. N.PAG 1 of 3

  • Database: Business Source Ultimate 2 of 3

  • Authored By: D'Anastasio, Cecilia 3 of 3

Abstract

The article focuses on the approval of a $55 billion sale of Electronic Arts Inc. (EA), a prominent video-game publisher known for titles like EA SPORTS FC and Battlefield, to Saudi Arabia's Public Investment Fund (PIF). Shareholders voted in favor of the $210-a-share takeover, marking a significant shift for the 40-year-old company. The acquisition aims to enable EA's developers to concentrate on game quality without the pressures of meeting quarterly financial targets, as part of Saudi Arabia's strategy to diversify its investments beyond oil into the interactive media sector. [Extracted from the article]

Additional Information

  • Source:Bloomberg.com. 2025/12, pN.PAG
  • Document Type:Article
  • Subject Area:Arts and Entertainment
  • Publication Date:2025
  • Accession Number:190407415
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