Enad Global 7 Finalizes $300M Daybreak Games Acquisition Deal

Earlier this month, Enad Global 7 announced that they were in the process of acquiring Daybreak Games to the tune of $300 million. The deal has just been finalized and EG7 is now officially the proud owner of Daybreak Games, its subsidiaries, and their respective IPs including DC Universe Online, EverQuest, EverQuest 2, PlanetSide 2, Dungeons and Dragons Online, and Lord of the Rings Online.

Daybreak has long been rumored to be the owner of DDO and LOTRO developer, Standing Stone Games. The studio repeatedly denied the rumors right up until EG7 released a list of Daybreak’s assets and subsidiaries which unsurprisingly listed Standing Stone Games as one of its subsidiaries.

According to the official press release, Daybreak Owner and Executive Chairman Jason Epstein will hold approximately 10% of outstanding shares and votes in EG7 while the other shareholders will cumulatively hold approximately 3%.

Details can be found on the Enad Global 7 official site.