Electronic Arts to be acquired in buyout valued at $55 billion | NYGazet

The maker of games like “Madden NFL,” “Battlefield,” and “The Sims,” is being acquired by an investor group including Saudi Arabia’s sovereign wealth fund.

PIF, which was currently the largest insider stakeholder in Electronic Arts, will be rolling over its existing 9.9 percent investment in the company. The commitment to the massive deal is in line with recent activity in the gaming sector by the Saudi... [4443 chars]