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What It Looks Like When A $US2 Billion Gaming Deal Collapses Overnight

May 25, 2023
Source: kotaku.com.au kotaku.com.au
News Snapshot:
What It Looks Like When A $US2 Billion Gaming Deal Collapses Overnight Embracer Group CEO Lars Wingefors looked dejected during his gaming conglomerate’s latest earnings presentation. Despite recently acquiring the gaming studios behind Deus Ex and Tomb Raider at a bargain, Dead Island 2 releasing to strong sales and good reviews, and now owning the rights to The Lord of the Rings, Embracer’s stock is in the tank today after it was revealed the company lost out on a $US2 billion game development deal at the last minute last night. “Up until late last night, we had an amazing cash...
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