Via an Anonymous Source, Posted by Tooth & Nail

From Punkmusic.com:""About six weeks ago I posted some news that Tooth and Nail Records had been bought out by EMI. At the time my sources were not concrete enough to consider it as anything more than a rumor, but I can now state with 99% certainty that this transacaction as well as T&N's purchasing of Takehold Records have taken place. Details are sketchy but is seems that previous owner and founder of T&N Brandon Ebel will remain on as CEO." Found this on Punkmusic.com, if its true, does it make them "righteous" sellouts?" I don't care about Tooth & Nail, but where does this leave Stretch Armstrong? (Signed to T&N sublabel, Solid State)