Embracer Group parted out Gearbox for HOW MUCH!?
1What is happening with Embracer Group? First they buy up a bunch of game companies, then they lose 40% of their stock value, now they are selling off or shuttering the same game studios they bought. Now, they are selling off big parts of Gearbox to Take-Two.
Embracer divests from Gearbox - https://twitter.com/kerrblimey/status/1773192559122170214?t=R9xitbhW6BC2YntnP3gDoQ&s=19
Embracer Group Stock Drops 40% After $2 Billion Mystery Deal Self-Destructs - https://www.forbes.com/sites/paultassi/2023/05/24/embracer-group-stock-drops-40-after-2-billion-mystery-deal-self-destructs/?sh=105d0853c540
Embracer Group's Partner Who Walked From $2 Billion Deal Finally Revealed - https://www.ign.com/articles/embracer-groups-partner-who-walked-from-2-billion-deal-finally-revealed
Saints Row And Red Faction Studio Shut Down After 30 Years - https://kotaku.com/embracer-shuts-down-saints-row-studio-volition-after-30-1850792734
Embracer Group Is Considering Selling Borderlands Dev Gearbox - https://kotaku.com/gearbox-software-borderlands-sale-embracer-group-1850824882
#embracergroup #gearboxsoftware #take2interactive #borderlands
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