fromExchangewire
3 days agoDigest: Electronic Arts Closes Largest Buyout Ever; FTC Finalises Omnicom-IPG Order With Ad Rules; Anthropic to Triple Global Staff as AI Demand Surges - ExchangeWire.com
Videogame giant Electronic Arts will be closing a deal for the largest buyout of all time, valued at around $55bn (£40.91). Investors include private-equity firm Silver Lake, and Saudi Arabia's Private Investment Fund, among others. The transaction is slated to close in the first quarter of fiscal 2027. Under the agreement, Electronic Arts shareholders will receive USD$210 (£156) per share in cash, a 25% premium on the stock's closing price on 25th September.
Artificial intelligence