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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...

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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 Buys Gearbox Entertainment From Embracer For $460M

Take-Two Buys Gearbox Entertainment From Embracer For $460M
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Take-Two Buys Gearbox From Embracer, Confirms Development on New Borderlands Game

Take-Two Buys Gearbox From Embracer, Confirms Development on New Borderlands Game
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Take-Two acquires Borderlands developer Gearbox Entertainment from the Embracer Group for $460M in stock; the deal is expected to close by the end of June 2024

Embracer Group has officially divested Gearbox Entertainment, selling the division to Take-Two Interactive for $460 million. In a press release, Embracer…

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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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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.

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Embracer Sells Gearbox Entertainment to Take-Two Interactive for $460 mn

Embracer Sells Gearbox Entertainment to Take-Two Interactive for $460 mn
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Take-Two Buys Gearbox For Less Than Half Of What Embracer Paid For It

Borderlands developer Gearbox has been acquired by Take-Two in a deal valued at less than half what Embracer initially paid for it.

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Take-Two Buys Gearbox for $460 Million, Confirms New Borderlands Game Among Other Things

Take-Two has announced a deal to acquire Gearbox from Embracer for $460 million. They also confirmed a new Borderlands game is in the making.

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