# ELECTRONIC ARTS INC. (EA) — merger/definitive [completed]
Source: SEC API (secapi.ai) · situation sit_c990fd03237eb978db0e · retrieved 2026-08-11T15:50:47.425Z

## Overview
Electronic Arts Inc. is a global leader in digital interactive entertainment that develops and delivers games, content and online services for Internet-connected consoles, mobile devices and personal computers, with a portfolio including EA SPORTS FC, Battlefield, Apex Legends, The Sims, and other franchises.

Electronic Arts Inc. completed its acquisition by a consortium of The Public Investment Fund (PIF), Silver Lake Group, and Affinity Partners on August 4, 2026. Under the Merger Agreement dated September 28, 2025, each share of EA common stock was converted into the right to receive $210 per share in cash. The total consideration payable in connection with the Merger is approximately $55 billion. The acquisition was funded through equity contributions from the Consortium, debt financing (including $6,125.0 million and €1,725.0 million term loan B facilities, a $3,250.0 million term loan A facility, and $500.0 million revolving credit commitments), and new notes offerings ($2,875.0 million of 7.250% senior secured notes due 2033, €1,080.0 million of 6.250% senior secured notes due 2033, and $2,500.0 million of 8.750% senior notes due 2034). EA's common stock ceased trading and was delisted from NASDAQ.

## Terms
- Counterparty: Oak-Eagle AcquireCo, Inc. (consortium of PIF, Silver Lake, and Affinity Partners) · Deal value: $55.00B · Consideration: cash · Stake: 100% · Price/share: $210

## Key dates
- Announced 2026-07-30 · Vote 2025-12-22 · Expected close 2026-08-04 · Completed 2026-08-04

## Timeline
- 2026-07-30 · 8-K (0001140361-26-030255): 8-K - ELECTRONIC ARTS INC. — *Electronic Arts Inc. is a prepackaged software company that develops and publishes video games and interactive entertainment.* Electronic Arts Inc. entered into an Agreement and Plan of Merger on September 28, 2025 with Oak-Eagle AcquireCo, Inc. (Parent) and Oak-Eagle MergerCo, Inc. (Merger Sub), entities formed by an investor consortium comprising The Public Investment Fund (PIF), private investment funds affiliated with Silver Lake Group, L.L.C., and private investment funds affiliated with Affinity Partners. Under the Merger Agreement, Merger Sub will merge with and into Electronic Arts, with Electronic Arts surviving as a wholly owned subsidiary of Parent. As of July 30, 2026, all regulatory approvals required to complete the Merger have been obtained, and Electronic Arts expects the Merger to close on or about August 4, 2026.
  https://www.sec.gov/Archives/edgar/data/712515/0001140361-26-030255.txt
- 2026-08-04 · 8-K (0001140361-26-031157): 8-K - ELECTRONIC ARTS INC. — *Electronic Arts Inc. is a global leader in digital interactive entertainment that develops and delivers games, content and online services for Internet-connected consoles, mobile devices and personal computers, with a portfolio including EA SPORTS FC, Battlefield, Apex Legends, The Sims, and other franchises.* Electronic Arts Inc. completed its acquisition by a consortium of The Public Investment Fund (PIF), Silver Lake Group, and Affinity Partners on August 4, 2026. Under the Merger Agreement dated September 28, 2025, each share of EA common stock was converted into the right to receive $210 per share in cash. The total consideration payable in connection with the Merger is approximately $55 billion. The acquisition was funded through equity contributions from the Consortium, debt financing (including $6,125.0 million and €1,725.0 million term loan B facilities, a $3,250.0 million term loan A facility, and $500.0 million revolving credit commitments), and new notes offerings ($2,875.0 million of 7.250% senior secured notes due 2033, €1,080.0 million of 6.250% senior secured notes due 2033, and $2,500.0 million of 8.750% senior notes due 2034). EA's common stock ceased trading and was delisted from NASDAQ.
  https://www.sec.gov/Archives/edgar/data/712515/0001140361-26-031157.txt

## Citations
- 0001140361-26-030255 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000114036126030255
- 0001140361-26-031157 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000114036126031157