A government watchdog has launched an inquiry into the proposed merger between Future and the parent company of Imagine Publishing.In June, Future announced that it had agreed to buy Miura, the holding company and ultimate parent company of Imagine Publishing, for Future shares representing £14.2m.
The news that Future, which runs Edge magazine, PC Gamer and Official PlayStation and Xbox magazines, wanted to buy Miura, whose Imagine Publishing subsidiary runs GamesTM and Retro Gamer, sparked a number of questions about the future of UK video magazines. Some wondered whether GamesTM, in particular, would continue given it competes directly with Edge magazine.
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