Activision Blizzard has reportedly taken bigger steps into entering competitive gaming by acquiring a majority stake in MLG (Major League Gaming) giving the publisher “substantially all” of the company’s assets.
Major League Gaming Board of Director’s have approved the sale as a “corporate action taken without stockholders’ meeting by less than unanimous written consent” of shareholders. Those shareholders not involved in the decision were informed by letter sent out on the 22nd December.
One such person to be told by mail was eSports personality Scott “SirScoots” Smith who got the letter though on New Years Eve.
I have Series B shares in MLG due to the Gotfrag buyout and I was only notified about this sale earlier today, not sure about others.
— Scott Smith (@SirScoots) January 1, 2016
Additional to Activision purchasing controlling stake, MLG CEO Sundance DiGiovanni has reportedly also been replaced by MLG’s former CFO, Gred Chisholm. MLG co-founder Mike Sepso was previously made Seinor Vice President of Activision’s previous steps by forming an eSports division within the company headed by the former CEO of ESPN and the NFL Network, Steve Bornstein.
EA followed also jumped on the eSports bandwagon after Activision created their division by creating a new eSports group headed by Peter Moore.