Today's Hard|Forum Post
Today's Hard|Forum Post

Saturday January 02, 2016

Major League Gaming Out Of Business, Assets Sold To Activision Blizzard

MLG, which had held video game tournaments across the US and Canada, is officially "over," having sold practically all assets for $46 million.

Some speculate that the majority of the sale will go towards paying off MLG’s debts, leaving little to go around for the remaining stockholders. MLG has filed for multiple debt financing rounds this year alone, for a sum of over $6 million.