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Embracer Group sells Borderlands creator Gearbox to Take Two for 460 million - Vimarsana News

Embracer Group sells Borderlands creator Gearbox to Take Two for 460 million

Embracer has divested itself of Gearbox, losing multiple studios and IP for a hefty sum in Take Two shares.

Source: vg247.com
Embracer Group divests Gearbox Entertainment for a consideration of USD 460 million to Take-Two Interactive Software, Inc. - Vimarsana News

Embracer Group divests Gearbox Entertainment for a consideration of USD 460 million to Take-Two Interactive Software, Inc.

INSIDE INFORMATION: Embracer Group has today entered into an agreement to divest Gearbox Entertainment, for a consideration of USD 460 million to Take-Two Interactive Software, Inc. . The proceeds...

Take-Two acquires Borderlands studio Gearbox from Embracer for $460m - Vimarsana News

Take-Two acquires Borderlands studio Gearbox from Embracer for $460m

Embracer has entered an agreement to sell Gearbox Interactive to Take-Two for $460m.

Embracer sells off Gearbox to Take-Two for $460 million - Vimarsana News

Embracer sells off Gearbox to Take-Two for $460 million

A good few months after a sale was first reported to be on the table, Embracer has now confirmed the sale of Gearbox Entertainment to Take-Two Interactive

Gearbox Is Finally Part Of Take-Two, After Embracer Divests From The Company - Vimarsana News

Gearbox Is Finally Part Of Take-Two, After Embracer Divests From The Company

Gearbox is leaving Embracer, as their parent company has announced they will divest most of the company to Take-Two Interactive.