This is such a stupid mess. Embracer spent billions on acquisitions just to then destroy all the studios a few years after. I was also a part of one of their acquisitions that they shut down after a few years (this was before the bubble burst)
Kind of like Warner Bros. WB is looking to acquire Paramount and one quick way to reduce tax liability is to snap them up, then literally permanently delete their shows and movies. Boom! Instant bottom-line "positivity."