Australian board and DVD game company Imagination Games has sold two of its games – Fact Or Crap and Battle of the Sexes – to burgeoning game and toy company Spin Master for $24 million Australian dollars (around $21.7 million USD).

The reason for the sale, if it wasn’t already obvious, is to deal with some bank problems.


Update: Toy News indicates that the sale also included Beat The Parents, Left Center Right, Quelf, Scabs ‘N Guts, Urban Myth, and Would You Rather (now that they have the trademark secured). Imagination will license some rights back from Spin Master in Oceania and the UK.