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February 6th, 2013, 11:02
Originally Posted by Maylander View Post
BioWare was sold to EA by VG Holding Corp, not the doctors. That's just a common myth around here it seems.
Correct. But just because tax reasons favor a structure that involves several steps does not necessarily mean that the doctors were caught by complete surprise when they heard the sound of EA jackboots marching towards their boardroom. Even if they were caught by surprise (a big 'if', imho) then they had 'sold out' to Elevation Partners rather than EA, but sold out nevertheless.

Did they need to sell out to anybody? Until someone obtains the 2004, 2005 and 2006 financial statements out of BioWare we will never know.
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