Connect with us

Hi, what are you looking for?

Breaking News

Report: Activision Blizzard Buys Major League Gaming

MLG

eSports Observer is reporting that MLG’s Board of Directors have approved an acquisition that will give “substantially all” of their assets over to Activision Blizzard.

The report states that the sale was approved as a “corporate action taken without a stockholders’ meeting by less than unanimous written consent”. The shareholders were not informed until they received letters that arrived to them on December 22, but some are noting they were only notified as soon as yesterday.

Since then, MLG’s Adam Apicella has noted that the upcoming CS: GO championships scheduled for March will not be affected by the acquisition. In addition, current MLG CEO Sundance DiGiovanni has been replaced by Greg Chisholm, the former CFO.

We hope to provide you with more information as it becomes available.

Advertisement. Scroll to continue reading.

You May Also Like

News

Activision Blizzard and Plaion have been hit with a monetary fine by PEGI for failing to disclose that their mobile titles Diablo Immortal and...

News

As first reported and later confirmed by Video Games Chronicle, Activision Blizzard have started implementing ‘return to office plan’ which will make employees required...

News

According to new documents made public by SEC reveals that Activision Blizzard have agreed to pay $35 million to the agency. This is directly...

News

As first reported by Jason Schreier at Bloomberg, Blizzard Entertainment have fired one of their lead designers for refusing to give low performance evaluations...

Advertisement