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ThePirateBay has been SOLD for $7.7 Million

Saw this on a nameless forum, And verified at ThePirateBay official blog.

“TPB might change owner
Yes, it’s true.

News reached the press today in Sweden – The Pirate Bay might get aquired by Global Gaming Factory X AB.”

And again at the homepage of the company doing the purchasing.

Acquisitions of The Pirate Bay and new file sharing technology, P2P 2.0
– Pave the way for compensation model

The listed software company, Global Gaming Factory X AB (publ) (GGF) acquires The Pirate Bay website, http://www.thepiratebay.org, one of the 100 most visited websites in the world and the technology company Peerialism, that has developed next generation file-sharing technology. Following the completion of the acquisitions, GGF intends to launch new business models that allow compensation to the content providers and copyright owners. The responsibility for, and operation of the site will be taken over by GGF in connection with closing of the transaction, which is scheduled for August 2009.”