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Both. People buy rights to games or companies all the time. But sometimes stubborn shareholders stop the sale so they just pay the owner more than what they offered to get it that way. As owner is always above shareholders no matter how much shareholders don't want to sell, the owner can force their hand when offered enough money. Then the new owner can either break the company or make it rain.
Average dev Joe won't have a better paycheck because some corpos simps bought the ultra deluxe $200 edition.
Again, depending on the terms of the contract.