Major League Gaming has sold "substantially all" of its assets to Activision Blizzard for the price of $46 million, effectively bringing about an end to the esports company as it was once known. That's according to a report from esportsobserver.com, which says MLG called a special meeting on December 21 where the company's board of directors authorized a sale to the Call of Duty and World of Warcraft company.
As part of this change, MLG CEO Sundance DiGiovanni has reportedly exited the company, replaced in that role by Greg Chisholm. He was previously the CFO of MLG. MLG co-founder Mike Sepso left the company earlier this year and now works as an executive for Activision's newly formed esports division.
https://www.gamespot.com/articles/mlg-assets-sold-to-activision-for-46-million-repor/1100-6433451/']Source[/URL]