A woman poses for a photograph underneath an EA logo during the Electronic Arts Play event at the Hollywood Palladium in Los Angeles on June 9, 2018. Christian Petersen/Getty Images
Global interactive entertainment company Electronic Arts Inc. (EA), as part of an exclusive deal with an investor consortium, will receive $55 billion in the largest private all-cash deal in history.
In a Sept. 20 company announcement, EA stated that it has entered into a definitive acquisition agreement with PIF, Silver Lake, and Affinity Partners. Under its terms, the consortium will take over 100 percent of EA, with PIF rolling over its existing 9.9 percent stake in the company.
