Activision Blizzard to buy MLG in $46m deal – report

MCV Staff 4th January 2016 Publishing

Soon after shelling out $5.9bn for Candy Crush firm King.com, it appears that Activision Blizzard might be making another acquisition.

According to eSports Observer, the Board of pro-gaming company Major League Gaming approved an Asset Purchase Agreement allowing the Call of Duty publisher to acquire the majority of the firm’s assets for $46 million.

The publication reports that this took place on December 21st – neither Activision Blizzard nor MLG have confirmed the deal as of yet.

Furthermore, Sundance DiGiovanni is no longer the company’s CEO with former CFO Greg Chisholm replacing him.

This follows Activision launching a dedicated eSports division in October 2015 headed up by former ESPN CEO Steve Bornstein.

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