Reservella

Report: Pirate Bay Being Courted by Four New Suitors

Authored by Mark Hefflinger on October 28, 2009 - 9:45am.

Stockholm, Sweden - In the wake of the unraveling of Global Gaming Factory's unsuccessful attempt to acquire The Pirate Bay, as many as four new suitors have emerged with an eye towards purchasing the file-sharing hub, TorrentFreak reported, citing Sweden's Dagens Industri. Reservella, the Seychelles-based holding company that currently owns the Pirate Bay, is reportedly currently in talks with GamersGate, a Swedish online games firm.

Pirate Bay Buyer: Deal in Doubt; Operators Deny Ownership

Authored by Mark Hefflinger on October 8, 2009 - 9:39am.

Stockholm, Sweden - Hans Pandeya, the CEO of would-be Pirate Bay buyer Global Gaming Factory (GGF), has admitted in a statement that the company is unsure whether the deal will be completed, Sweden's The Local reports. Pandeya recently saw some of his assets seized and is facing bankruptcy proceedings; the GGF executive had previously said he would secure the acquisition with his own shares, but the company was recently deslited from a Swedish exchange. "At present, GGF cannot discern whether the acquisition will be completed regardless of the outcome of the trial," the company said in a statement.