Squidgies Takeover

Electronic Arts will become a private company again very soon, with the gaming giant set to be acquired by an investors' group led by the Saudi Arabian government. As revealed in today's SEC filing, "all regulatory approvals required to complete the Merger have been obtained. Electronic Arts currently expects the Merger to close on or about the close of trading on August 4, 2026." The news comes just after the deal was approved by the European Union. The $55 billion deal is among the biggest ever seen in the gaming industry and will see EA--which has long been a publicly traded company--be tak

After announcing its $55 billion acquisition of EA in September 2025, the European Union is reportedly set to approve Saudi Arabia’s Public Investment Fund (PIF) purchase at the end of July, according to new reporting from Reuters. As Reuters reported on July 17, people familiar with the deal said Saudi Arabia's PIF will secure the EU's approval under EU subsidy rules. This means that, after the EU completes its preliminary review under its Foreign Subsidies Regulation (FSR) on July 22, the purchase will reportedly be cleared to go through on July 30. All told, the deal is expected to win unco