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ZeniMax Borrowed $105 Million for id

July 8th, 2009 by Arjan Olsder Posted in Companies & M&A | No Comments »

Id-soft Following the acquisition of id Software by Zenimax, the companies didn't disclose any information about the total sum Zenimax put on the table to finance the deal.

Yet, the first financial details have been filed with the Securities and Exchange Commission. In the filings, we can read that the company borrowed $105 million in convertible debt and promissory notes to secure the acquisition. The only thing we still don't know is the full amount.

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