Enad Global 7 Finalizes $300M Daybreak Games Acquisition Deal

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.