| Ryuu96 said: NEW YORK (Reuters) - Microsoft Corp is in talks about an extension of its acquisition contract with video game maker Activision Blizzard, which is set to expire on Tuesday, so the parties can overcome the remaining regulatory hurdles to their $69 billion deal, a person familiar with the matter said on Monday. The expiration of the contract would not automatically lead to the collapse of the deal, as it simply affords either company the right to walk away from the transaction. Nonetheless, Microsoft has been seeking the contract extension to ensure that Activision is not wooed by another potential acquirer or has a change of heart, the source said. The companies will continue to negotiate the extension if they do not have an agreement by the end of Tuesday, according to the source, who requested anonymity because the matter is confidential. Microsoft in talks to extend deal contract with Activision -source (yahoo.com) |
You know there is a strong chance that ABK could just walk away with cash and sell to another big player who has enough capital like Apple or Google. Those 2 companies would have absolutly no issue getting the deal done and ABK still gets paid like king. I am saying if I was ABK, I walk away with my 3 billion dollar pay day and behind the scenes look to get another big player to purchase the company.
The other option is for ABK to raise the price for purchase as well as the price for termination. How far can ABK push MS and how thirsty is MS to get ABK.
