Sure, because Crystal Dynamics did a few hard fail games. 200m of accumulated debts have to be paid.
-> this for example https://en.wikipedia.org/wiki/Marvel...rs_(video_game)
Despite initial strong sales, Marvel's Avengers failed to turn a profit for Square Enix, with the publisher reporting an estimated loss of $63 million for their latest fiscal period at the time.In November 2021, Square Enix president Yosuke Matsuda described Avengers as a commercial disappointment for the company. However, he affirmed that service games would be an important focus for the company in the future.
300m for the studio and its IP is not the best deal of the year, but it seems (my opinion, clearly) SE wants to move from AAA single player to "GaaS MMO videogame" and Crystal Dynamics was not able to show results, thus the sale.


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