EpicRandy said:
Hard to say. The divergence in value might be a reason MS decided to buy them. It's 1 thing to value a company as X and buy it at X. However when you can buy that company for less than you value it, it makes things easy. That also means that Bethesda values itself less. Also, hard to say in this context if the value attached to Bethesda was under the context of the anticipated merger with MS at the steering wheel and the synergy it would create for other MS products vs. the actual value of the standalone Bethesda. |
Oh, I was being cheeky. As we know in negotiations there could be multiple other incentives MS put on the table besides just straight money. Stock and other options are things I can think of off the top of my head. Also what internal metric MS uses compared to BGS can be debated as well. It could be that MS was willing to go that high but was happy to not have to reach their limit which as you said makes the deal all the more appealing when getting the green light from the top execs.
