UPDATE (1/4/16, 5:15pm): It’s official: Activision has purchased MLG, they announced in a press release today. Despite this weekend’s report, CEO Sundance DiGiovanni will actually stay with the company.
Rumors can be powerful forces in the economy, as evidenced by an 8.1 percent rise in Electronic Arts stock today following unsubstantiated rumors that Microsoft was interested in buying the publisher out.
Closing one of the last doors left over from last year's EA takeover bid, Take-Two Interactive has entered into an agreement to settle a shareholder lawsuit stemming from their failure to consider EA's offer.
UK publisher Eidos has issue a timeline to its shareholders, indicating that if all goes as planned, Square Enix will take full ownership on May 6th.
Square Enix has scooped up another large chunk of Eidos Interactive stock as shareholder support continues to build for the proposed buyout of the Tomb Raider publisher.