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Gen Con Goes Up For Sale 34

Posted by Soulskill
from the i-bid-$5d20 dept.
Trask writes "LivingDice has documents indicating that Gen Con LLC is up for sale. Additionally, there is an offer pending which could close by the end of the year. This may finally put an end to the uncertainty caused by Gen Con's chapter 11 filing and the recently dismissed Lucasfilm lawsuit."
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Gen Con Goes Up For Sale

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  • by sleeponthemic (1253494) on Friday November 28, 2008 @01:23AM (#25913709) Homepage
    Gen Com purchase offer rejected [livingdice.com]
    Seems as if someone was trying to destabilize things.
    • Re: (Score:3, Informative)

      by Jeff DeMaagd (2015)

      That newer posting is two days old too. The story on the original letter was posted a week ago.

    • Re: (Score:1, Insightful)

      by Anonymous Coward
      That's somewhat interesting. I wonder if this guy, who is posting these blogs is up to something shady.
  • yawn (Score:1, Troll)

    by waterwingz (68802)

    and we might care about this because .....

    • Re: (Score:1, Insightful)

      by Anonymous Coward

      Read the tagline on this website... News for Nerds and all that.

    • .. its news for nerds, stuff that matters.
    • There, that might help...

      Gen Con is a Gaming Convention held in North America and Europe. They host the events and bring in exhibitors. In some cases it's a chance for the public to meet people in the game industry.

      I've never been to one of these. I tend to miss the dates when I'm interested and not have the money when I'm informed of the events.

  • Chapter 11, duh! (Score:2, Informative)

    by Anonymous Coward

    When a company has filed a Chapter 11 they have to examine every offer to be bought out.

    If GM files Chapter 11 and some idiot offers them $10 for the entire company, then GM has to treat it as an offer and consider it.

    • by Uzik2 (679490)
      Instead of "gm has to consider it" shouldn't that read "The bankruptcy judge has to consider it"? I don't believe the bankrupt entity gets to pick and choose unless the judge allows it.
  • by MunchySnacks (1285686) on Friday November 28, 2008 @04:29AM (#25914323)
    Coming from a local Indy resident this is huge news GenCon has been a part of my life for quite awhile now and all I can hope is that someone buys it who cares about D&D and CTG's. Most of my friends are very involved with this convention my best friend volunteers and was won second place last year in the final FMA tourney. All I can hope is that if there are buyers they will remember what GenCon is about and keep true to all the gamers that enjoy it so much.
    • Re: (Score:3, Informative)

      by Harin_Teb (1005123)

      I second this, and hope that however *does* buy it doesn't treat it the way WotC did when they owned it and give games made by other companies second class booths / rooms.

      Also for the love of jeebus keep it in indy. Its not too far a drive from Mi for me. :-)

  • I saw the "illegal" tag and have been waiting to see a post about why. Does it have something to do with ch. 11 reorganization?

  • OK, my first thought was that the /. post didn't even hint at who/what GenCon is or does. Then I thought, "be fair--they wouldn't do it for SCO or any other company that is part of the culture. Go RTFA, and you'll find out."

    Well, I RTFA, and it doesn't even hint at it. A paragraph on /. is one thing, but writing an entire article about a company being bought without even mentioning what the company does or did? Sad.

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