I'd heard about rumors they were being sold...looks like it official.

http://www.cigaraficionado.com/webfeatures/show/id/oliva-cigar-acquired-by-european-cigar-company-18889

I wonder what the changes will be to Oliva?

Yeah, I know a few of their people too.  They even denied all the rumors.
Maybe they can finally update the Oliva website & actually list some new events and hopefully, there is no change with distribution & quality, but saying nothing will change always seems to be the kiss of death.  Someone doesn't come in and invest their money and not make any changes down the road.  It just doesn't happen.  Hopefully, any changes will be for the better.

I still wish they made the Serie S.  

I have a few type O in the humidor. I still haven't tried them.

Europeans buying cigar companies have always been the kiss of death.   As you said "nothing will change" is always a bad omen as well.  The only plus to them buying is the money they bring to the table as already stated to fight the FDA.  I am sure Jonathan Drew is very happy with Swisher money to help with the same fight.