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Fortnite Maker Epic Games Targets $1.7 Billion in Fundraising

Inside The 2019 E3 Electronic Entertainment Expo
Photographer: Patrick T. Fallon/Bloomberg

Epic Games Inc. is in advanced talks to raise as much as $1.7 billion, which would double the fundraising haul over the last year for the maker of the popular shooting game Fortnite.

The terms value the business at about $28 billion, people familiar with the discussions said.