Pirate Bay Buyer’s Stock Back to Square One

Two weeks ago the BitTorrent community was shaken up when GGF publicly announced that it would take over The Pirate Bay and turn it into a legal outfit. By paying both the copyright holders and file-sharers the company aims to satisfy both parties while cashing in on lucrative advertising deals. Investors in the company responded positive to the news and the share price went up by 200% just hours after the plans were made public.

Tags: acquisition, after-the-media, after-the-plans, aktietorget, before-the-deal, bittorrent, copyright, image, invalid, pirate, plans, shareholders, whether-or-not