NJ5 said:
Think about it like this: 3D Realms was merely a shadow of what Apogee used to be. The real loss happened years ago, now it's just a practically irrelevant developer going out of business.
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It's true 3D Realms wasn't carrying the flag, but they at least had it in a coffer somewhere. Now the whole legacy will be split in chunks and sold to the highest bidder... can't wait for the inevitable Duke Nukem shovelware to be released shortly.