EA Shareholders Have Officially Approved the $55Bn Sale to Saudi Arabia PIF, Silver Lake

The process of EA going private and selling to a 'Consortium' of investors, which includes the Saudi Arabia Public Investment Fund (PIF) and Jared Kushner's Silver Lake, has just crossed its first hurdle. As initially reported by Stephen Totilo at Game File, EA's shareholders have voted to approve the sale of EA to the Consortium. Now, the privatization sale has to be approved by government regulators, a process which, if Microsoft's journey to acquiring Activision Blizzard King is any indication, will take longer than a few months, considering that EA announced the sale back in September and shareholders have already […]

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