Piratebay Buyer A Bigger Pirate?
According to news released today, the Pirate Bay sale may be in danger of going through. This is due to the fact that Global Gaming Factory X has been kicked out of the stock exchange for constantly braking the rules, according to a Finnish online publication Digitoday.
Global Gaming Factory X was reported in June to be buying the online property of PirateBay for large chunks of money. This deal is now in danger of following through due to financial problems of the buyer, GFF.
The Pirate Bay To Be Acquired - Don't Worry, Be Happy?
The news that The Pirate Bay (TBP) is to be acquired by Swedish company Global Gaming Factory X (GGF) for MSEK 60 (App USD 7.7 million) spread all over the media this morning. The purchase includes the domain name and related web sites, including www.thepiratebay.org, and amounts to consisting of at least MSEK 30 in cash and up to the equivalent of MSEK 30 in the form of newly issued shares in GGF. The transaction is scheduled to be closed in August 2009.
The deal was shortly after the announcement confirmed by TPB, whereby Peter Sunde, the spokesperson of TPB, turned off his phone having too many people calling. According to him the 20 million users of TPB shouldn't we worried. It is merely time to pass TPB on to secure it's further development and future. To quote: "Don't worry, be happy!"
