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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.

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