This Pirate Bay sale (and subsequent legalization) is really starting to annoy me. Rumors of the deal falling apart leaked out last month, claiming financial struggles and infighting at would-be purchaser Global Gaming Factory. Then yesterday saw an announcement that the deal was done. Now Torrent Freak reports that a key partner in the restructuring [...]
The on again/off again sale of The Pirate Bay was finally pushed through today by Global Gaming Factory shareholders, after rumors swirled of a lack of funds. From TorrentFreak: Earlier today the financing and legalization plan was presented to the shareholders, who unanimously decided to give the acquisition the green light. The ownership of the [...]
One day after word broke that the much-discussed sale of The Pirate Bay (and subsequent legitimization of the file-sharing site) to Global Gaming Factory was on the rocks, GGF is now insisting the acquisition is scheduled to be finalized on August 27. “The Board of the Global Gaming Factory X AB (GGF) announces that the [...]
I couldn’t help myself. This Pirate Bay sale was never going to be all smooth sailing (sorry, too easy!). We already knew would-be purchaser Global Gaming Factory had yet to raise the nearly $8 million it needed by the end of July. And as the 31st draws near, Torrent Freak is reporting Wayne Rosso, the [...]
After last month’s announcement of Global Gaming Factory X’s intent to purchase iconic torrent site The Pirate Bay and turn it into a legitimate business, no one was really sure what to expect. Yesterday, Torrent Freak reported one major change that’ll enrage the internets, as the new owners plan to charge users a monthly fee. [...]
Well this story should continue to unfold swimmingly. Global Gaming Factory X, the company that plans to purchase the massively popular file-sharing site The Pirate Bay, is now under investigation for insider trading.
Friday, August 28, 2009
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