An Electronic Arts video game logo is seen at the Electronic Entertainment Expo.
Lucy Nicholson | Reuters
Electronic Artsacquired by PIF, Silver Lake and Affinity Partners in an all-cash deal worth $55 billion.
Shareholders of the company will receive $210 per share in cash.
Trading was halted on EA with the stock up about 6% premarket. Shares gained about 15% Friday after the Wall Street Journal reported that the company was nearing a deal to go private.
EA 5-day stock chart.
This is breaking news. Please refresh for updates.
International: Top News And Analysis
Read the full article <a href="Read More” target=”_blank”>here.