It looks like you're new here. If you want to get involved, click one of these buttons!
Big news for Funcom fans:
Hate me or dislike me, and my various alts (Litigator, etc.):
But, here is my last inside scoop: Funcom is being bought out by EA or Activision.
1) If you have this info, why do you not know who is buying Funcom out?
Answer: I was told by my inside informant in Canada that it is 1 of the 2 major game companies. I'm assuming it is EA or Activision. Why he does not know, I cannot tell you.
2) Why should I trust this information, because it is hearsay?
Fair enough, if this person is not telling me the truth, this could be 100% nonsense. But I do know that this is a full-time Quebec Funcom employee.
3) Funcom is Norwegian, they have laws for corporate takeovers. What gives?
Answer: Corporate takeovers in Norway require two levels of compliance: Board of Directors and also they must pass a "smell" test by the Norwegian Government. Fact is, the smell test was set up to protect natural resources in Norway, and was not meant to protect industries such as Funcom. If the BoD approves (unknown at this point) then I expect no issues with the Norwegian Legislature.
4) Does this make Funcom a good investment?
Answer: I'm not exposing myself to that type of question. Personally, I think Funcom is fairly valued, so they can make that choice. Even if I thought differently I would not tell you.
5) When should this happen?
Spring/Summer 2013, with a heavy leaning towards Spring unless something happens to derail the negotation.
Litigator/RexTerra/AlbertaLawyer: aka gamesrfun