Munger Mode rating: 2 out of 5 — Sell. Our own rating from the research report below, on business quality first: moat durability and management, with price separating the top three.
The essential fact first: as of yesterday, there is nothing left to buy. On August 4, 2026, Electronic Arts completed its $55 billion acquisition by a consortium of Saudi Arabia's Public Investment Fund (~93.4%), Silver Lake (~5.5%), and Affinity Partners (~1.1%) — the largest leveraged buyout in history. Every public share was converted into $210.00 in cash, the stock ceased trading, and EA is being delisted from NASDAQ after 37 years as a public company. The final close on August 3 was $209.91. Anyone still holding shares holds a claim on $210 cash, nothing more. Our 2-star rating is therefore both a verdict on what EA was as a business — a good-but-not-wonderful franchise — and a statement of the obvious: there is no compounding machine here for new capital, and the entity that survives is a private company carrying roughly $18–20 billion of freshly minted LBO debt.
Recent filings analysed: 8-K (2026-08-04), 10-Q (2026-08-03), 8-K (2026-07-30), 10-K/A (2026-07-28).
Stock screener · Superinvestor 13F holdings · Analyst sentiment · Market valuation