After acquiring several games development studios and popular IPs, Swedish holding company Embracer Group saw its stock plummet a few months ago after a deal worth $2 billion in revenue over six years fell apart. This led to some restructuring within the company with layoffs, game cancellations, and forgoing of some studios. While details of the failed deal were not made public, a new Axios report sheds some light into the matter.
According to the outlet...
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Source: https://gbatemp.net/threads/embracer-gr ... es.637969/