Why should a company have to release a statement about a takeover anyway On of the reasons would be to validate edits in informationrelated services such as wikipedia That iMesh is claimed to have purchased the Lphant PP network is not related This article is about the client Besides from the fact there is no Lphant PP network Finally if iMeshDiscordiaMerlin whomever hold the rights to the application they will soon request from major download sites for it to be replaced with their own client That will set the matter in wikipedia as well Until that happens acquisition of a domain name does not have any impact on this article  As for Bearshare I point you to a source from its Wikipedia article  httpwwwslyckcomforumsviewtopicphpt Its possible the May rd filing was a means to force Free Peers Inc into negotiations and a settlement As part of the settlement reached on May th FreePeers Inc will give up all intellectual property rights to the BearShare name This includes the BearShare source code all associated domains over  and its massive user base