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Windows Central

Technology

Miles Dompier

Tomb Raider owner Embracer loses $2 billion deal, shares plummet

EA SPORTS Embracer Embracer Group Xbox

Embracer Group Logo

What you need to know

This week Embracer Group presented its quarterly earnings report for Q4, which includes January-March 2023.
A critical partnership valued at $2 billion fell through late Tuesday night.
Due to the fallout from the forfeited deal, Embracer Group has significantly cut its earnings forecast.

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