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I don't think it's wise to give the forums to anyone else to own or administrate simply from a legal standpoint. That's handing over thousands of email addresses to someone who was not the person with whom the members originally agreed to give their addresses. Know what I mean?
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Deleting the email addresses is no problem.
The forum can run without having email addresses of the members.
Steve could simply delete them from the database and hand over the database.
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Every member of the forums had to re-sign their forum agreement under the new owner. She lost a lot of people but most came back.
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Making people resign forum agreement is no real problem.