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PC Gamer
PC Gamer
Andy Chalk

Electronic Arts shareholders vote overwhelmingly in favor of Saudi-led takeover

The silhouette of attendees are seen dancing in front of the Electronic Arts Inc. (EA) logo displayed on a screen during the company's EA Play event ahead of the E3 Electronic Entertainment Expo in Los Angeles, California, U.S., on Saturday, June 10, 2017. EA revealed two new titles along with the annual iterations of the company's sports games, as well as unveiling the highly anticipated "Star Wars: Battlefront II" open-world multiplayer gameplay. Photographer: Patrick T. Fallon/Bloomberg via Getty Images.

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, but not enough to make it any less of a blowout: 1278.3 million for, 25 million against, 254,000 abstained. So, as they say in high-priced financial circles, that's that.

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