Major League Gaming Sells Assets To Activision

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Major League Gaming Sells Almost All Of Assets To Activision

According to a new report “substantially all” assets of Major League Gaming have been sold by the company to Activision Blizzard, the sale is said to follow an internal company restructure. A public confirmation has not yet been made but a purported letter distributed to stockholders has leaked online which mentions that Major League Gaming’s board has decided to sell the company’s assets to Activision Blizzard for $46 million.

For those who are unaware Major League Gaming has been a dominant eSports coming for quite some time now, particularly in the competitive gaming scene in North America, but over the years, it lost many of its partnerships and even a chunk of its fan following to similar companies.

The letter which is said to reveal the details of this deal also mentions that…

 

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‘Substantially All’ Assets Of Major League Gaming Sold To Activision For $46 Million

According to a new report “substantially all” assets of Major League Gaming have been sold by the company to Activision Blizzard, the sale is said to follow an internal company restructure. A public confirmation has not yet been made but a purported letter distributed to stockholders has leaked online which mentions that Major League Gaming’s board has decided to sell the company’s assets to Activision Blizzard for $46 million.

 

Major League Gaming Sells Assets To Activision – Entrepello