Tron Price Pumps Following BitTorrent Acquisition

The Tron price surged more than 17 percent on Tuesday amid reports that founder Justin Sun is now in the final stages of closing a deal to acquire peer-to-peer protocol developer BitTorrent. Tron Founder Justin Sun to Acquire BitTorrent for $140 Million Rumors about the acquisition had circulated for weeks, but several disputes — including allegations that BitTorrent had violated a no-shop clauses — had hampered the negotiations. However, TechCrunch is now reporting that Sun and Tron have agreed to acquire BitTorrent for $140 million and that approval documents have…