Electronic Arts is on track to close its $55 billion sale to a private investor group led by Saudi Arabia’s Public Investment Fund, Silver Lake and Affinity Partners on or about the close of trading on Tuesday, August 4, 2026, ending EA’s run as a publicly traded company after 37 years.

Under the terms of the all-cash deal, EA shareholders will receive $210 a share, a 25 percent premium over the company’s unaffected closing price of $168.32 on September 25, 2025, the day before the acquisition was first reported. PIF is rolling its existing 9.9 percent stake in EA into the new ownership structure rather than cashing out. Affinity Partners, one of the three consortium members, is the private investment firm run by Jared Kushner, President Donald Trump‘s son-in-law.

The consortium is funding the purchase with roughly $36 billion in combined equity from PIF, Silver Lake and Affinity Partners, plus $20 billion in debt financing arranged entirely by JPMorgan Chase Bank, N.A. The price tag makes it the largest leveraged buyout on record, surpassing the $45 billion buyout of TXU, later renamed Energy Future Holdings, that KKR, TPG and Goldman Sachs Capital Partners completed in 2007. That record had stood for eighteen years. The TXU deal itself later collapsed into the largest LBO bankruptcy in history when Energy Future Holdings filed for Chapter 11 in 2014.

The closing comes about a month later than EA and the consortium had originally targeted when the deal was first announced last year. In an August 8-K filing, EA confirmed that every regulatory approval required to complete the merger had been secured as of July 30, 2026, clearing the way for the transaction to proceed.

Andrew Wilson will continue as chief executive once the deal closes, and EA will remain headquartered in Redwood City, California. The company, which first went public in 1989, built its business around franchises including Madden NFL, The Sims and Battlefield.

As of Tuesday evening, the merger had not yet been confirmed as completed. EA has said it expects the deal to close at or around the end of Tuesday’s trading session, after which its shares will stop trading on Nasdaq and the company will begin operating as a private business under the new ownership group.