Embracer may sell off Gearbox as it tries to reduce its debt. The embattled company bought the Borderlands creator in 2021 in a deal that was worth up to $1.4 billion.
in a deal that was worth up to $1.4 billion. Embracer is reportedly exploring a sale with the help of Goldman Sachs and Aream, while marketing materials are being made available to potential suitors.
that it was making sweeping changes in order to reduce its debt by around $605 million to less than approximately $903 million by the end of its financial year. The Swedish company said at the time that a proposed investment worth over $2 billion over six years ultimately fell apart. It was
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Frisco video game maker Gearbox put on the sale block by Swedish giantThe game developer is best known for Borderlands, a video game series that has sold 77 million copies and generated more than $1 billion in revenue.
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Escaped murderer slips out of search area, changes appearance and tries to contact former co-workersAuthorities are searching for an escaped murderer who broke out of a southeastern Pennsylvania prison a week and a half ago after saying over the weekend that he slipped out of the search area and changed his appearance
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