More major changes are afoot on the business side of the video game world, as a notable name is changing hands once again. Take-Two Interactive (the parent company of Grand Theft Auto publisher Rockstar and others) has agreed to buy Gearbox Entertainment from the embattled Embracer Group. The deal is worth $460 million in stock and is expected to close by June 30. It had been rumored for several months that Embracer was planning to sell off Gearbox.
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Take-Two is buying Gearbox from Embracer for $460 million
29th March 2024, 12:31
Take-Two is buying Gearbox from Embracer for $460 million 
