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.
So the folks at Forbes are thinking that Google could become a big name in the games industry, and now rumors are swirling about the internets that they are planning on doing just that in the way of all giant corporations with way too much money - buying someone else. In this case, the target is Valve, makers of…