Electronic Arts completes $55bn acquisition; CEO announces senior leadership changes
Electronic Arts has completed its $55 billion leveraged buyout, with Saudi Arabia's Public Investment Fund now the majority owner. As EA becomes a private company, stockholders will receive $210 per share. CEO Andrew Wilson announced senior leadership changes, appointing Cam Weber as chief studios officer and David Tinson as COO and company presidents.
Games Industry
- Entities
- Electronic Arts
- Turqi Alnowaiser
- Egon Durban
- Joshua Kushner
- Affinity Partners
- David Tinson
- Silver Lake
- Company Leadership
- Mergers and Acquisitions
- Cam Weber
- Andrew Wilson
- Public Investment Fund
Original source
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