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In [[1995]], owners Jeff and Beth Spangenberg sold Iguana Entertainment to its largest customer, [[Acclaim]] Entertainment for $25MM ($13MM cash, the balance in Acclaim Entertainment stock) and the stipulation that Iguana Entertainment would retain its own independence; in the following years, the two Iguana studios became [[Acclaim Studios Austin]] and [[Acclaim Studios Teesside]] (AST). | In [[1995]], owners Jeff and Beth Spangenberg sold Iguana Entertainment to its largest customer, [[Acclaim]] Entertainment for $25MM ($13MM cash, the balance in Acclaim Entertainment stock) and the stipulation that Iguana Entertainment would retain its own independence; in the following years, the two Iguana studios became [[Acclaim Studios Austin]] and [[Acclaim Studios Teesside]] (AST). | ||
[[Category:Acclaim Studios Austin]] |