Quote from: Singlebyte on April 11, 2014, 06:32:49 AM

Quote from: mktrader on April 11, 2014, 06:06:55 AM

Quote from: Singlebyte on April 11, 2014, 05:57:18 AM

Quote from: kolev on April 11, 2014, 05:54:06 AM

It's not getting bought out (for 1 BTC) - it's just a proposal that Karpeles will turn down. So, fix your title - it's misleading!

No kidding! Fix title...so misleading. That group only offered 1 BTC for Mtgox. I can't see that happening anytime soon.

It does not matter as they are taking burden of a major portion of the account holders' investment.

Your title:
Re: Breaking News: Mt.Gox to be Bought & Revived by a U.S. based Investors Group

Mtgox is not being "bought & revived by a US based investors group"

There was just an offer put on the table according to the article. I am sure there probably has been several offers already.

http://www.reuters.com/article/2014/04/10/us-bitcoin-mtgox-investorgroup-idUSBREA3922Q20140410

You also forgot to mention this from the article:

"The acquisition must be approved by a Japanese bankruptcy court. However, the near-zero valuation of the proposed deal could prove to be a hurdle, the Journal said."

Please note that in OP I have referred everyone to the actual Wall Street Journal article so everyone can read for themselves.

In my view Mt.Gox is eventually going to be bought & revived by a investors group anyways.

Furthermore, almost all acquisitions of bankrupt companies in Japan have to seek court permission. This is common sense.