Esports giant FaZe Clan acquired by GameSquare

Esports giant FaZe Clan acquired by GameSquare

The Los Angeles-based esports organization, FaZe Clan, has been acquired by GameSquare Esports Inc. in a transaction involving solely stocks. The joint announcement was made on Friday, placing FaZe’s valuation at around $16 million, calculated from the market caps of both entities. FaZe Clan, according to a Digitday report from Oct. 20, has emerged as … Read more