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Associated Press·Wed, Aug 5, 4:36 PM

Video game giant Electronic Arts closes $55 billion go-private sale of its business

Video game giant Electronic Arts officially has new owners. The California-based maker of popular titles like “Battlefield” and “The Sims” announced Tuesday that it closed the $55 billion sale of its business to Saudi Arabia’s sovereign wealth fund PIF, investment firm Silver Lake Partners and Affinity Partners, which is run by U.S. President Donald Trump’s son-in-law Jared Kushner. In a statement, CEO Andrew Wilson said EA and its new owners would “invest boldly, accelerate innovation, and build the next generation of games and experiences for the…

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SymbolEA

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