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EA's $55 Billion Sale to a Saudi PIF-Led Group Clears Its Final Hurdle - Deal Closes August 4
Electronic Arts says every regulatory approval needed for its $55 billion buyout by a consortium led by Saudi Arabia's Public Investment Fund has now been obtained, with the deal expected to close on August 4 - making it the largest leveraged buyout in history and taking EA private for the first time since 1990.