Runescape: Shandong Hongda Mining Co Buys Out Jagex for $300M

According to DealStreetAsia.com, a Chinese firm has purchased Jagex Ltd in its entirety for $300M. Shandong Hongda Mining Co Ltd is the new owner and is a ferrous metal mining company headquartered in Shanghai, China. According to the news report. Shandong is investing in a “business transformation”.