Take-Two Interactive Software will be acquiring The Gearbox Entertainment Company from Embracer Group in a $460 million deal. The acquisition will allow Gearbox to operate under the 2K label and retain franchises such as Borderlands and Homeworld. The transaction is expected to be completed in the first quarter of Take-Two’s Fiscal Year 2025. What impact do you think this acquisition will have on the gaming industry and the future development of popular franchises like Borderlands?
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