Activision Blizzard Acquire Major League Gaming in $46m Deal

Activision Blizzard, the world’s fifth-largest gaming company, has grown significantly larger after acquiring Major League Gaming in a deal worth a reported $46m.

Activision Blizzard has gained further control over the eSports coverage of their main titles after buying the bulk of Major League Gaming’s (MLG) assets for a reported $46 million.

The two companies inked the deal over the holidays. MLG’s Board of Directors gave the nod of approval for an Asset Purchase Agreement. The chosen method of communication for MLG’s shareholders was via letter.

Nice.