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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).




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."


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