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Nintendo makes first acquisition since 2022, and it's from Embracer
Nintendo has made its first acquisition in two years.
On the deal's completion, which is "pending satisfaction" of all relevant customary closing conditions, Nintendo will acquire 100 percent of Shiver's outstanding shares, making it a wholly owned subsidiary. Newscast: Is the closure of Hi-Fi Rush and Redfall's studios a sign the Xbox Game Pass publishing model is failing? Resharing Nintendo's notice of acquisition on social media platform X, the embattled Embracer thanked "all the great people at Shiver for their contribution".
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