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PIF, Silver Lake, and Affinity complete $55B acquisition of EA

Quartz +1 ·

  1. 1Electronic Arts (EA) acquisition completed by consortium of Saudi PIF, Silver Lake, and Affinity Partners
  2. 2Deal valued at $55 billion closed Tuesday; shareholders receive $210 per share in cash and EA is delisted from Nasdaq
  3. 3According to CNBC, PIF secured a $20 billion loan from JPMorgan, marking the largest-ever leveraged buyout

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