Tron Acquires BitTorrent in $140 mln Buyout

Following weeks of gossip, reports have confirmed that Justin Sun’s Tron has acquired BitTorrent in a deal valued at $140 mln.

The internet’s grapevine became ripe with rumors over the business dealings after TorrentFreak leaked details of the buyout in May. The publication claims that Sun and BitTorrent began negotiating the acquisition as early as September of last year, finalizing the details by January of the current year.
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https://coincentral.com/tron-acquires-bittorrent-in-140-mln-buyout/