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🚨 HUGE: Electronic Arts is officially leaving the public markets.
EA has been delisted from the Nasdaq after a $55 BILLION buyout led by a consortium backed by Saudi Arabia's Public Investment Fund.
Every shareholder was bought out at $210 per share, making this one of the largest acquisitions in gaming history.
The deal marks the end of EA's decades-long run as a publicly traded company.
Going forward, EA will operate as a privately held company under CEO Andrew Wilson.
One of gaming's biggest publishers has entered a new era.
The question now is what long-term strategy becomes possible without the pressure of quarterly earnings.
#Gaming #ElectronicArts #Stocks #Markets #Breaking
EA has been delisted from the Nasdaq after a $55 BILLION buyout led by a consortium backed by Saudi Arabia's Public Investment Fund.
Every shareholder was bought out at $210 per share, making this one of the largest acquisitions in gaming history.
The deal marks the end of EA's decades-long run as a publicly traded company.
Going forward, EA will operate as a privately held company under CEO Andrew Wilson.
One of gaming's biggest publishers has entered a new era.
The question now is what long-term strategy becomes possible without the pressure of quarterly earnings.
#Gaming #ElectronicArts #Stocks #Markets #Breaking
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