Overview

• Investors agreed to pay $210 per share in cash, roughly a 25% premium to the pre‑leak trading price.
• Financing includes $20 billion in debt from JPMorgan Chase and a conversion of the Saudi PIF’s existing 9.9% EA stake into equity.
• CEO and chairman Andrew Wilson will remain in charge, with the take‑private subject to shareholder and regulatory approvals.
• The merger agreement includes a $1 billion termination fee and will remove EA from public markets.
• Coverage describes the transaction as the largest leveraged buyout on record, and EA shares rose about 5% on the announcement with peers also gaining.