5/29, 7:42 PM (Source: TeleTrader)
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CD Projekt head confirms company is not for sale

CD Projekt Chief Executive Adam Kicinski dismissed weekend rumors that the video game developer and publisher was about to be acquired by Japanese tech conglomerate Sony Interactive Entertainment.

"Nothing has changed on our end. I can repeat what we've been saying throughout the years — CD Projekt is not for sale. We want to remain independent ... It's very exciting to follow our own path, so it's a pure rumor," Kicinski said in a call after the company's first-quarter earnings results.

CD Projekt was also previously rumored to be a target of Microsoft Corp. Earlier today, the maker of The Witcher and Cyberpunk 2077 video games reported a 1% annual increase in quarterly net profit.

Baha Breaking News (BBN) / ND