Paradox Interactive completely cancelled Life by You (update Paradox Tectonic to close)
www.gamingonlinux.com
Paradox Interactive announced today that Life by You from their studio Paradox Tectonic is now fully cancelled, after previously being delayed.

Very surprising. The game looked like it had a lot of potential and could’ve been the most popular sims alternative, but it’s suddenly been cancelled.

  • Voroxpete@sh.itjust.worksEnglish
    31·
    6 months ago

    In order to buy out Paradox, EA would have to make an offer for their entire existing share float, which would then have to be accepted by the shareholders. This means that they would almost certainly sell their stock at over market value (because why would they accept less?).

    From their point of view, this would be a good thing. So why then would the shareholders allow this project to be cancelled if it was about to net them a huge payout, according to your theory?