Following the Big Xbox Reset, Undead Labs was supposed to be sold to a third party, but that plan eventually changed as the studio bought itself out and returned to independence. In the first interview released after this significant change at the development studio, Philip Holt, Studio Head of Undead Labs since May 2020, explained that the team registered a lot of interest and talked to various parties. However, Holt eventually submitted a proposal for an employee buyout: I knew that the other couple of studios were doing management buyouts, and so I submitted an offer for a management acquisition. […]
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