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Square Enix Has “Regrettably Decided” to Drop Hitman Developer Io-Interactive

Square Enix announced today that they’ve “regrettably decided” to withdraw from Hitman and Kane & Lynch developer Io-Interactive, and they’re now looking to sell the studio.

In their statement, which warns investors of a $43 million extraordinary loss for the fiscal year ended March 31, 2017, Square Enix says there’s no guarantees Io-Interactive finds a buyer:

To maximize player satisfaction as well as market potential going forward, we are…

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