Saudi Fund Eyes EA and Savvy Games Merger
Saudi Arabia's Public Investment Fund is reportedly weighing a merger between Electronic Arts and Savvy Games to form a major gaming industry player. The potential deal faces potential antitrust hurdles and follows recent high-profile acquisitions in the sector.
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Saudi Arabia's sovereign wealth fund is weighing a merger between ELECTRONIC ARTS INC and Savvy Games to form a $55B gaming behemoth, people familiar with the matter said on Thursday afternoon.
