Originally Posted by Fjormarr
...and abandoned the IP after the transfer failed. No, they didn't care for DnD, they only wanted to help Hasbro out of unconditional love. Makes sense
It wasn't a full IP sell it was essentially negotiating some licensing agreement with Tencent
https://www.enworld.org/threads/no-hasbro-is-not-selling-d-d.702378/

We don't exactly know why Larian was mentioned in the rumors that they were involved with the negotiations but regardless it doesn't appear like the rights sale was ever on the table.

I also question why Larian would abandon the IP altogether if they actually did plan on selling to Tencent. Which is a company I doubt would be better to work for than Hasbro.