All I remember from Bungies announcement of them seperating from MS was that they lost the rights to the Halo
IP. I'm not one to know much about who would then get rights to the code of games based on the Halo IP, but I guess it is possible for Bungie to have rights to it. Its not like MS would want to restrict Bungies rights to a now ancient game, they're too worried about selling xboxes and making the next halo

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