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Gaming CEO Gutted After $2 Billion Deal Collapses In Real Time

Source: kotaku.com kotaku.com
News Snapshot:

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 $2 billion game development deal at the last minute last night. “Up until late last night, we had an amazing cash flow because of that transaction,” Wingefors said amid heavy sighs and pregnant…

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