Tag: activision mlg deal amount
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Activision buys out MLG for $46 million in majority
Major League Gaming, once the largest esports company in North America, is going out of business. In a special meeting on Dec. 21, MLG’s Board of Directors approved an Asset Purchase Agreement granting Activision Blizzard a large majority of MLG’s assets in exchange for $46 million. The next day, a letter went out to stockholders…