Overview
- The October 30 filing posted by the SEC expands EA’s prior guidance on the Saudi-led leveraged buyout by PIF, Silver Lake, and Affinity Partners.
- EA says the roughly $20 billion in new debt will not limit investment or growth plans, and it will sunset shareholder return programs once private.
- The company reiterates an expected closing window of six to nine months and says the executive team and headquarters will remain in place after completion.
- EA states it will maintain creative control and preserve its player-first values under the new ownership structure.
- Employees holding EA shares are set to receive $210 in cash per vested or unvested share at closing, as lawmakers and developers continue to scrutinize the deal.