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Hard to qualify it as a good or bad move, but if they're bad enough off that they have to do it, I'm not so sure it matters. Another company that springs to mind is Interplay, and perhaps their biggest sale was Shiny (essentially on the basis of The Matrix license, which proved to be huge shortly after the sale). They just sold Fallout as well, which makes me wonder what the hell they have left. Better than bankruptcy I suppose.

Driver looks to have passed its peak, but with the right marketing could do quite well, so I could see where it would be worth both selling and buying.

I still think selling Rare was definitely a mistake. Hard to say whether they actually lost anything in the deal, but giving them up to their sworn enemy, though it has not mattered thus far, just does not make sense.