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Zenimax borrowed $105 million to buy id

Wednesday, 8th July 2009 07:27 GMT By Patrick Garratt

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ZeniMax raised $105 million in convertible debt and promissory notes in order to buy, id Software, VentureBeat reports.

The figure comes from an SEC filing – financials figures weren’t disclosed when the deal was announced in June.

ZeniMax previously raised $300 million in private equity funding in 2007.

Full thing through there.

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