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International Business Times

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AFP News

'Tomb Raider' Owner Embracer Splits Into Three Companies

Embracer Asmodee Europe Sweden Video Game

Middle-earth Enterprises & Friends will manage the intellectual property rights Embracer has for "The Lord of the Rings" and the "Tomb Raider" games (Credit: AFP)

Sweden's Embracer, owner of the "Tomb Raider" franchise, announced Monday it would split into three separate companies in a major reset for one of Europe's biggest video game groups.

Following the announcement, the company's shares rose over 10 percent in the early hours of trading on the Stockholm stock exchange.

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New York's archdiocese and survivors of clergy abuse agree to $800 million legal settlement

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New York's archdiocese and survivors of clergy abuse agree to $800 million legal settlement

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