Gaming giant Electronic Arts (EA) is on the cusp of transitioning back to a privately held company. A major acquisition by an investment group, led by the Saudi Arabian government, is now expected to finalize in the upcoming week, marking a significant shift for the publisher.
Recent regulatory filings confirm that all necessary governmental approvals required to complete this merger have been successfully obtained. EA has publicly stated its anticipation for the transaction to conclude approximately by the close of trading next week, ushering in a new era for the well-known game developer. This report is based on information initially published by GameSpot – All News.
Source: GameSpot – All News