TorrentFreak.com by Ernesto:- In a press conference a few minutes ago, GGF CEO Hans Pandeya confirmed that the Pirate Bay acquisition will go through. Earlier today the financing and legalization plan was presented to the shareholders, who unanimously decided to give the acquisition the green light. (continue reading…)

TorrentFreak.com by Enigmax:- Despite the departure of ex-Grokster CEO Wayne Rosso and mounting doubts that Global Gaming Factory can raise funding to purchase and then legalize The Pirate Bay, the company is adamant. GGF CEO Hans Pandeya says everything is on schedule, the investors are in place and the purchase will go ahead on August 27th. (continue reading…)

TorrentFreak.com by Ernesto:- In a few days time Global Gaming Factory is supposed to have gathered millions of dollars in funding so they can acquire The Pirate Bay. But according to Wayne Rosso, the former CEO of Grokster who was involved with GGF recently, this is unlikely to happen. Meanwhile, The Pirate Bay is giving GGF a week before they cancel the deal. (continue reading…)