ELECTRONIC ARTS INC. 8-K

What Happened
Electronic Arts Inc. (EA) announced that the Hart‑Scott‑Rodino (HSR) antitrust waiting period for its previously disclosed merger agreement with a consortium formed by the Public Investment Fund (PIF), Silver Lake and Affinity expired at 11:59 p.m. ET on February 9, 2026. EA entered the Agreement and Plan of Merger on September 28, 2025; under the deal Merger Sub (a subsidiary of the consortium’s Parent) will merge with and into EA, leaving EA as a wholly owned subsidiary of Parent. The company says the Merger remains subject to other closing conditions, including additional regulatory clearances, and is expected to close in the first quarter of EA’s fiscal year ending March 31, 2027 (April 1–June 30, 2026).

Key Details

• Merger Agreement date: September 28, 2025.
• HSR waiting period expired: February 9, 2026 at 11:59 p.m. Eastern Time.
• Consortium parties: Public Investment Fund (PIF), Silver Lake Technology Management, L.L.C., and A Fin Management LLC (Affinity).
• Expected close window: Q1 of EA’s fiscal year ending March 31, 2027 (April–June 2026); still requires other regulatory approvals/conditions.

Why It Matters
The expiration of the HSR waiting period clears a key antitrust step toward closing the transaction, which, if completed, will make EA a privately held, wholly owned subsidiary of the consortium’s Parent. Investors should note the deal still needs other regulatory clearances and satisfaction of closing conditions; the company’s filing highlights risks tied to regulatory approvals, potential business disruption, employee retention, litigation, and other deal-related uncertainties. EA’s proxy, 10‑Q/10‑K filings and future 8‑Ks will provide updates — watch for regulatory approvals and any changes to the expected closing timeline.