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Global Gaming Factory Rejects Multiple Bids for Pirate Bay

Authored by Mark Hefflinger on July 31, 2009 - 5:43am.
Los Angeles - Global Gaming Factory, the Swedish company currently in the process of acquiring file-sharing hub The Pirate Bay, received a $10 million bid for the service from John Fanning, the former CEO of Napster -- but the bid was rejected, TorrentFreak reports. Fanning, the uncle of Napster creator Shawn Fanning, also offered to invest $2 million in GGF's acquisition of The Pirate Bay; it's unclear whether that offer will be accepted.
tags: Deals | Video | P2P | Music | Napster | The Pirate Bay | Acqusitions | Global Gaming Factory | Hans Pandeya | John Fanning |