Ryuu96 said:
That 45% is about in line with other premiums paid on public companies, Linkedin was 50%, Take-Two's acquisition of Zynga was 64%. Market-cap is the absolute minimum expected to pay and often the purchaser has to pay a pretty large premium which is typically between 10%-50%...It's normal. Bobby was going to leave with a huge payday no matter what, if it weren't Microsoft, it would have been someone else, or worse, he stays at Activision, that board is just as disgusting as Bobby and were backing him no matter what. Bobby is guaranteed to stay until the buyout is complete which is also normal and would happen if anyone else was acquiring AB...The rest of the board will almost certainly be removed, why would they remain? Microsoft isn't giving stocks to any of them, it's all cash on hand, they'll be no AB board after this deal closes, all of Zenimax's board left too. AB employees didn't want AB to die/shutdown, they wanted change, at least under Microsoft they may get that now, with Bobby pissing off along with his disgusting board, I'm fairly confident (as are AB employees themselves) that working conditions will improve under an image conscious Microsoft, especially with the praises that all their other acquisitions speak about how Xbox treats them from general development conditions to stuff such as diversity, inclusion, etc. Bobby is a piece of shit but sadly in this world this is the only way he was leaving, he likely would have been found guilty, fined a ridiculously small amount compared to what AB makes, paid it and the world would have moved on and continued to buy CoD in droves, that stock would have definitely rebounded eventually. My #1 thought in all of this is improving the workplace conditions of AB employees as I don't give a shit about AB IPs themselves, I'm fairly confident that Microsoft will fix shit in regards to the abusers, especially when Xbox's leadership team is pretty diverse too, I can't see them putting up with the sexism and general awful workplace practices, so yeah, as it stands right now, I'm leaning towards being happy for AB employees but not caring about the IPs themselves. |