http://phandroid.com/2012/06/21/getting-acquired-how-to-transfer-ownership-of-your-android-app-or-game/
The steps to transferring your app/game:
Visit this link
Or click: Developer Home > Help > Contact Support > Developers > Publishing and Distribution Issues
Fill out the form completely and accurately
Select “Transfer Applications to Another Account” from the Issue Type drop down
Submit Form
Check your E-Mail and reply with the requested information
Forward the E-Mail to the person accepting the app/game transfer and have them reply as requested
Wait for Google to wave their magic wand
