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Yahoo looks to buy out American gaming company MLG

Yahoo planning to buyout American eSports company Major League Gaming
By: Chris Smith | Gaming News | Posted: Oct 16, 2015 4:29 pm

It seems that eSports is really exploding as of late. Back in July, the Electronic Sports League (ESL) announced a 74 percent stake of its company was sold to Swedish multimedia company MTG, followed by Russian eSports team Virtus.Pro receiving a $100m investment to help the growth of its gaming teams, tournaments and creation of gaming venues just a few days ago. Following this trend is Yahoo, with reports stating that this company is looking to buy out the major heavyweight US gaming company, Major League Gaming (MLG).

 

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Based in New York, MLG was one of the first large event hosts, seeing numerous world-class events take place across North America over many years, promoting titles such as Halo, CS:GO, StarCraft II and League of Legends. According to Breitbart's source "The talks are quite advanced and are about 95% complete" in regards to this acquisition, however no amount has been confirmed.

 

When asked to comment on this rumor, MLG management replied in true gamer fashion, stating: "Major League Gaming doesn't comment on rumor or speculation. However, if you'd like to discuss Hearthstone deck strategies now that Patron has been nuked - give us a holler."

NEWS SOURCES:Breitbart.com

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