There is no takeover. Cryptocoinnews wrote a pretty pathetic story, they should honestly be embarrassed by it:
https://bitsharestalk.org/index.php/topic,17188.0.htmlThe core devs formed their own company. They still work for the blockchain. They used all the lessons they learned from BitShares 0.x and built a stronger, faster, more scalable system than whats available today. It would not be possible to get this type of performance from applying band-aids to the current chain. Two exchanges have signed on to use BitShares for their decentralized orderbooks. BTS system still get a cut of all the trading fees. All your BTS will remain the same - theres a 1:1 conversion for the new chain.
All these are good things, and there's a lot of enthusiasm around here which hasn't been seen in months. CCN is peddling fear porn.