Electronic Arts shareholders vote overwhelmingly in favor of Saudi-led takeover
Not that there was ever much doubt, but now it's official: Electronic Arts shareholders have voted in favor of the company's takeover by a consortium led by Saudi Arabia's Public Investment Fund.
The vote, first reported by Bloomberg, was not close. A subsequent SEC filing indicates that more than 201 million votes were cast in support of the acquisition, versus just 1.9 million votes against and 90,000 abstentions. The vote on compensation payable to EA's executives following the close of the deal was somewhat less lopsided...