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Embracer Group Officially Selling Borderlands Developer Gearbox to Take-Two

Embracer Group Officially Selling Borderlands Developer Gearbox to Take-Two
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GTA owner Take-Two to buy Gearbox Entertainment for $460 mln By

Investing.com Take-Two Interactive Software Inc (NASDAQ: ) said on late-Wednesday that it entered an agreement with Sweden’s Embracer Group AB (ST: ) to buy…

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Embracer Group sells another huge studio as meltdown continues

Embracer Group continues its meltdown, selling Borderlands developer Gearbox to Take-Two Interactive for $460 million.

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Take-Two Interactive to Acquire Borderlands Maker Gearbox Entertainment From Embracer

Take-Two Interactive to Acquire Borderlands Maker Gearbox Entertainment From Embracer
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Take-Two Interactive Software: Take-Two Interactive to acquire Borderlands maker Gearbox for $460 million

The Swedish group is selling the game developer for a steep discount, having bought it in a deal that valued the business at up to $1.4 billion in 2021.

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