Submission + - Pirate Bay Acquired
pyzondar writes: The listed software company, Global Gaming Factory X, has announced that they will acquire The Pirate Bay and its domains in a 60MSEK (7.5MUSD) deal. However, the press statement also states that the deal will only go through "if GGF and its Board of Directors can use the asset in a legal and appropriate way."
The consideration is split in 30MSEK worth of shares, and 30MSEK worth of cash.