Embracer Group's decision to break up its gaming business has garnered mixed reactions, with Savvy Games Group expressing full support for the management's plan. The move, prompted by financial struggles and a failed strategic partnership, has led to a surge in stock value, offering potential opportunities for investors. Analysts are divided on the future prospects of Embracer's AAA gaming segment amidst the restructuring.
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Wow. Embracer chopping up the business after shares -85%. "Debt from years of dealmaking, plus the failure of a "slightly mysterious" strategic partnership, in effect forced Embracerās hand" I'll pass on board games & mobile/FTP, but is AAA worth a look? https://t.co/EbRZCjiMbi https://t.co/NSe8r41SsM
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Savvy Games Group āfully supportiveā of Embracer Group management over break-up plan https://t.co/1JhjcXgFtw https://t.co/lWcn9lSM7V