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Transcript
00:00Electronic Arts, EA, has announced an agreement to be acquired and taken private by an investor
00:05consortium. The transaction is currently expected to close in the first quarter of EA's fiscal year
00:112027. The acquisition is structured to enable EA to accelerate innovation and growth without the
00:17short-term pressures of the public stock market. The consortium members highlight their deep sector
00:21experience in gaming, entertainment, and sports as a benefit to EA's global expansion and ability
00:27to create new growth opportunities.
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