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Story summary
- EA completed a $55 billion leveraged buyout, becoming privately owned.
- The deal was financed with $20 billion of JPMorgan Chase debt, giving Saudi Arabia’s Public Investment Fund a 93 percent stake alongside Silver Lake and Affinity Partners.
- CEO Andrew Wilson stays in charge, got a $38 million payout and oversaw a $387 million profit for the quarter ended June 30.
- Democratic senators Richard Blumenthal and Elizabeth Warren warned Treasury Secretary Scott Bessent about foreign-influence risks while CFIUS cleared the deal.
