Devolver Digital intends to go private
Indie publisher Devolver Digital has announced its intention to delist from the UK's AIM market and become a private company. Shareholders will vote on the matter in September, with the delisting potentially taking effect on September 16. The company cites the turbulent video game market and a share price that does not reflect its true value as reasons for the move, which is also expected to save the company approximately $1.6 million annually.
This article was reported and published by gamesindustry.biz. feed.gg links to it as part of a story cluster — full text, images and rights remain with the publisher.