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Report: Saber Interactive buys itself back from Embracer in $500m deal (www.gamesindustry.biz)

submitted 8 months ago by [email protected] to c/[email protected]

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From Bloomberg (via archive.ph): https://archive.ph/63F4L

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[–] [email protected] 11 points 8 months ago (1 children)

They acquired far too much as they expected a $2B deal with Saudi Arabia. That fell through and they’ve been shedding everything but the CEOs (at least from what I can find)

[–] [email protected] 2 points 8 months ago

Even if that deal had worked out, it would not have left a nice taste in the mouth.

They really shouldn't have played as fast and loose as they did.