Major League Gaming as we once knew it is through. eSports Observer reports that MLG's Board of Director's have approved an asset purchase agreement that gives Activision Blizzard "substantially all" of the company's assets.
The sale was approved as a "corporate action taken without a stockholders' meeting by less than unanimous written consent" of stockholders. Stockholders not involved in the decision were informed through a letter sent out on December 22, eSports Observer says.
However, Series B shareholder and eSports personality Scott "SirScoots" Smith says he was only notified yesterday.
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