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Saudi wealth fund weighs EA-Savvy merger, Bloomberg News reports
Source: reuters.com
M&A & RestructuringPrivate Markets & VentureMedia & Entertainment
Saudi Arabia's Public Investment Fund is considering a merger of Electronic Arts with Savvy Games, according to Bloomberg. The potential combination would create a major gaming company and could materially affect EA's valuation and the broader video-game industry, though no transaction terms or timeline were reported.
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