Back in the far off time of 2021, Embracer Group purchased Gearbox Entertainment for $1.3 billion. On March 28, 2024, Embracer Group announced that they have sold off Gearbox Entertainment to Take-Two Interactive for $460 million. The acquisition by Take-Two is expected to be complete by the end of June.
Not all of Gearbox Entertainment is going to Take-Two, however. Embracer is holding on to the San Francisco...