OK, people. I\'m from Spain, the country Vallejo is from. I talked this morning to the guy who owns the store I get my Vallejo paints from. The following is direct from Vallejo:
GW actually contacted Vallejo -and other companies- with a proposition to produce GW\'s paint range. You may or may not know it, but GW don\'t produce their own paints: they get them produced. That\'s what they were looking for. In the end, GW chose their \"new\" paints to be produced by somebody else, be it due to price reasons or whatever. According to my sources, since Vallejo already had done the research and had the new formula, they had decided to release their Game Color range if GW didn\'t give their go-ahead. Which is exactly what happened, and the reason why Vallejo have released the Game Color range.
Vallejo has not, I repeat, not been bought by GW. They simply had a business contact that didn\'t reach the desired outcome.