• January 25, 2008

USA Today on Thursday announced the acquisition of Banquet, the operator of action sports destination BNQT.com along with the Cold War Collective action sports ad network of over 20 affiliated Web sites and blogs.

Terms of the deal were not disclosed. Company management will continue in their current roles and the company will remain in Pasadena, Calif. with an executive office in McLean, Va.

BNQT.com is a video community destination covering some eight different sports categories, including skateboarding, snowboarding, surfing, freestyle motocross, BMX biking, wakeboarding, free-skiing and mountain biking.

--Gavin O'Malley