Modern Times Group (MTG) has announced the sale of ESL Gaming to Savvy Gaming Group (SGG) for $1.05 billion, as MTG pivots to “a pure-play mobile gaming company” . The transaction, made all in cash, means that SGG will acquire and merge Faceit with ESL Gaming, the largest independent esports company in the world, to create the ESL Faceit Group. The transaction is expected to close in the second q… Source: http://www.pocketgamer.biz/deal/77973/modern-times-group-selling-esl-gaming-for-over-1-billion/
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