Post by Stephen Totilo on X
Stephen Totilo@stephentotilo
XRe: Embracer paying $1.3b for Gearbox vs selling it for $460m
Not quite
In 2021, Embracer paid $363m for G., half in E's stock. $1b more tied to targets over 6 years
Embracer now sells G. for $460m, T2 pays in new stock. Embracer, post fees/stock sales, expects $300-330m cash
285 likes3 repliesPosted Mar 28, 2024