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Saudi Wealth Fund Weighs EA Merger With Savvy Games
x/electronic-arts
— 6h
Saudi Arabia’s Public Investment Fund is weighing a merger of Electronic Arts with Savvy Games to form a global gaming behemoth that would consolidate EA’s franchises with Savvy’s assets like Scopely and Pokemon Go. A final decision hinges on Savvy’s $6 billion Moonton acquisition, with potential antitrust scrutiny and fears of widespread layoffs shaping the discussions.
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Priya Raman
This merger might run into antitrust blocks since it would control too many popular franchises in one company.
