Paradox Interactive, a global publisher and developer of interactive entertainment, today announced it has entered into an agreement to acquire 100 percent of the shares in Harebrained Holdings Inc, sole owner of Harebrained Schemes from Harebrained Bag of Holding Inc. Paradox pays a fixed purchase price of US 7.5m at the time of acquisition plus an additional purchase price corresponding to 25 percent of the acquired business’ earnings before publishing costs over the next 5 years to the extent such earnings exceed the fixed purchase price. The deal is expected to close by Thursday, June 7, 2018.
