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Some sites like Gamasutra and Gaf had reports of Grin shutting down.

Gamasutra has learned from reliable development sources that Stockholm-based developer GRIN has seen significant layoffs, and may be facing difficulty staying afloat.

The news comes after the company saw heavy layoffs earlier this year, no doubt the partial result of weaker-than-expected sales and critical reception to 2009 games like Bionic Commando, Wanted: Weapons of Fate, and Terminator Salvation.

http://www.gamasutra.com/php-bin/news_index.php?story=24786

I just picked up chatter that Grin might be closing down. Apparently their employees were told that they don't have to show up for work tommorow.

This comes from a reliable source but I would like some more confirmation so I'm putting it in the rumor pile for now. Looking at the sales of Bionic Commando, Terminator and Wanted it wouldn't surprise me if they closed up shop.

http://www.neogaf.com/forum/showthread.php?t=370872

They already closed the studios that worked on Terminator Salvation and Wanted. The last studio Stockholm is the last one.