#CNBC EA going private in $55 billion deal that will pay shareholders $210 a share

EA going private in $55 billion deal that will pay shareholders $210 a share
Electronic Arts said Monday that it has agreed to be acquired by the Public Investment Fund of Saudi Arabia, Silver Lake and Affinity Partners in an all-cash deal worth $55 billion. Shareholders of the company will receive $210 per share in cash.

PIF is rolling over its existing 9.9% stake in the company and will, by far, be the majority investor in the new structure, people close to the deal told CNBC’s David Faber.

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