Tech

Published Mon, Sep 29 20258:07 AM EDTUpdated 4 Min Ago

An Electronic Arts video crippled logo is seen astatine the Electronic Entertainment Expo.

Lucy Nicholson | Reuters

Electronic Arts said Monday that it has agreed to beryllium acquired by PIF, Silver Lake and Affinity Partners successful an all-cash woody worthy $55 billion.

Shareholders of the institution volition person $210 per stock successful cash.

Trading was halted connected EA with the banal up astir 6% premarket. Shares gained astir 15% Friday aft the Wall Street Journal reported that the institution was nearing a woody to spell private.

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EA 5-day banal chart.

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