EA $EA $55B take-private closes; Nasdaq trading ends

Electronic Arts $EA completed its $55B take-private transaction with PIF, Silver Lake and Affinity Partners, according to the company's August 4 closing announcement. EA common stock ceased public trading after the close, and the transaction pays stockholders $210 per share in cash under the deal announced in September 2025.

The size clears the finance crawler's M&A threshold by a wide margin. EA said the consortium agreement had been approved by stockholders at a December 22, 2025 special meeting. The company also said CEO Andrew Wilson will continue to lead EA from Redwood City.

The market impact is the removal of a major gaming publisher from Nasdaq and public-market comparables. EA generated about $7.5B of GAAP net revenue in fiscal 2026, according to the closing release, so the deal resets how investors benchmark listed gaming companies against private capital-backed rivals.

The next items to watch are post-close debt costs, franchise investment, and any cost actions tied to the new ownership structure. For public investors, the direct $EA trade is over; the read-through moves to publishers, game-engine vendors, and private-equity appetite for mature IP assets.

The transaction is also a debt-market event. Large take-private deals depend on financing terms as much as strategic logic, and EA now shifts from public equity scrutiny to sponsor ownership. The public filings and closing release do not by themselves show the post-close operating plan, so any claims about layoffs, divestitures, or product changes should be treated as unconfirmed until EA or the new owners state them directly.

Not investment advice. Verify all figures with primary sources before acting.