Saudis seek EU approval for $55 billion EA deal, decision by July 22

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BRUSSELS, June 17 : A group of investors including Saudi Arabia's Public Investment Fund has sought EU antitrust approval for its $55 billion acquisition of videogame developer Electronic Arts, according to a European Commission filing on Wednesday. The Commission, which acts as the EU competition enforcer, set a July 22 deadline for its decision. It can either clear the deal with or without remedies or open a full-scale investigation if it has serious concerns. The group, which includes Jared

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