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lustyargonian, do games w Embracer Group Is Starting to Close Studios After Losing Out on Deal Worth Billions

Exhibit A why consolidation is bad.

IWantToFuckSpez,

It’s bad when the holding company can’t weather a streak of big budget flops. The Embracer Group has only a market cap of less then $4 billion yet they act like they are a Sony with their crazy buying spree of the last 5 years. They’ve over extended themselves.

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